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Results (10,000+)
Shaun R. Asset Protection & LLCs
14 October 2019 | 10 replies
My question is: If I simply transfer title to a LLC (via Quit Claim Deed), will such a transfer be considered a taxable event which triggers Capital Gains taxes?  
Marshall Macias Joined today! HELP with check lists and do’s/don’t of flipping
10 October 2019 | 2 replies
So for example. a note that gets put in Evernote can be automatically be triggered asa task in Asana.
Melody Kushi Capital From Selling Own Home
12 October 2019 | 8 replies
@Melody KushiThe LLC may trigger the filing of a separate tax return depending on elections made and who the members of the LLC are.This would then make your individual tax returns more complex.Sale of the home may or may not result in additional taxes.
Paul Ellington Should I Create a Rental Property LLC?
13 October 2019 | 7 replies
Hi Paul, if you have a mortgage on the property, transferring title to your LLC would technically trigger the due-on-sale clause of the mortgage.
Tim Crosby Should I Take a Personal Loan to Fund a Flip?
21 October 2019 | 5 replies
I'd rather line all that up ahead of time and pull the trigger when the time is right, rather than putting together that offer and scrambling to get the job done.
James Fraundorf Switching bank account
10 October 2019 | 2 replies
Also having different debit/credit cards is very useful when you have one declined for a reason or another (bank network down, or blocked for your purchasing pattern that trigger their security algorithm).
Eric Van Deman 2nd buy & hold - Utilizing private money
11 October 2019 | 2 replies
I would have been spooked by the lawsuit and never pulled the trigger.  
Phillippa Gilkes Lease Option vs Seller Finance
11 October 2019 | 3 replies
Seller-finance involves a transfer of the property to the prospective purchaser in exchange for a note and mortgage.Entering into these arrangements when there is a mortgage on the property can trigger the due on sale clause.
Account Closed Can you do a sub2 with a shortsale?
12 October 2019 | 7 replies
A lender has no incentive to lower the payoff amount if it isn't getting paid off.Also, a short sale can trigger a "forgiveness of debt" tax problem for the seller to the IRS.
John K. Can't reach support/problem with marketplace
14 October 2019 | 1 reply
Trying to post in marketplace and receiving an error.Tried to reach out too CS, but got a message that the spam filter was triggered and try back later.Can a member of support or a moderator I guess reach out to me, since I am unable to send a ticket in, please?