Amby Bhagtani
Ohio LLC - Move existing properties to LLC
4 August 2024 | 12 replies
If you are moving it from a personal name to an LLC there is an exemption form for taxes you also have to fill out and file along with transferring the deed.
Mike Schorah
What’s the Maryland wholesaling bill that’s trying to make wholesaling illegal?
6 August 2024 | 32 replies
@Larry Zucker The proposed law change here (I posted the full text above) would expand the definition of brokerage services to include wholesaling -- 2 or more transactions in 12 months and regardless of whether for another person and regardless if by assignment, entity transfer, option, double close, etc.
Kyle Weinapple
LLC or not? If so, which LLC option is best?
5 August 2024 | 9 replies
California has a $800 minimum franchise tax per LLC per year (and it could be higher depending on gross receipts).LLCs allow for orderly transfer of wealth upon death through an operating agreement.
Ben Curry
LLCs and Property Insurance
5 August 2024 | 9 replies
Once you transfer the ownership to the LLC, you individually do not have an interest in the property.
Collin Stoffel
Real Estate Investing Analytics Platform!
2 August 2024 | 5 replies
This allows us to make sure you're a real person and also a seamless transition if you decide to continue with a paid subscription.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
This cash transfer is the only reason that you have not seen capital calls but rest assured 1) those GP loans sit ahead of LP equity and 2) capital calls are still coming.
Nina Sid
Has anyone had a good experience investing in a syndicate with strong monthly returns
5 August 2024 | 15 replies
I would be curious to see where this exists, as it would have to be through a broker dealer channel in order for someone to get compensated for it, and most syndications require GP approval to transfer any position
Bob Asad
How Can You Assume Mortgage When Buying a Property?
4 August 2024 | 5 replies
Talk to your agent and loan officer.Do you know if assumable loans have prepayment penalties or balloon payments when they transfer?
Ryan Dunner
Investment property before primary?
5 August 2024 | 13 replies
Most conventional investment property loans, which offer lower interest rates and 30-year amortization, require the property to be in your personal name.As a result, many investors initially secure the loan in their personal name and then transfer the property into an LLC.