15 July 2024 | 17 replies
I will add one important fact here since you have a preference for Roth funds: In case you have a Roth IRA already, you are not able to transfer this to the Solo 401k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/379782/small_1696531425-avatar-rond6.jpg?twic=v1/output=image&v=2)
14 July 2024 | 17 replies
Your current setup doesn't really keep your business and personal assets/dealings separate.To do so, you'd need to transfer those properties to an LLC you own or create a new one for that purpose.If there is a lawsuit, I'd imagine that your name, as the owner, would appear in the documents filled.Just my 2 cents, I am not an attorney, nor a CPA
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2649529/small_1696924778-avatar-joeyh72.jpg?twic=v1/output=image&v=2)
14 July 2024 | 5 replies
Future Rights: It is common for leases to either:Cover existing tenants and equipment: This means the lease covers only the equipment and tenants on the tower at the time of the sale.Include provisions for future tenants: Some agreements might allow for new tenants and equipment to be added, potentially impacting the compensation.Lump Sum Payments: When a lease is sold for a lump sum, it often includes a transfer of the right to collect future rents from existing tenants.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
14 July 2024 | 6 replies
Oceanfront homes are extremely limited and commonly ask $1.6M+-$2M++ in the center of town it can be very difficult to secure an STR permit due to saturation (active neighboring vacation rentals) requirements.Lincoln City offers a variety of oceanfront home options, the challenge with oceanfront STR's in Lincoln County is that actively licensed STR's do not transfer and would generally be subject to a lengthy waitlist.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3066656/small_1720036471-avatar-brysonr8.jpg?twic=v1/output=image&v=2)
13 July 2024 | 24 replies
Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2725405/small_1695165052-avatar-davidy209.jpg?twic=v1/output=image&v=2)
12 July 2024 | 10 replies
If i buy the property as myself and then transfer the title to the LLC, it could trigger the pay in full clause.
12 July 2024 | 5 replies
Essentially, each property owner has two accounts, one in USD for rental income, property management transactions, and commission paid to me, now the other account is in a foreign currency and deals mostly with the rental expenses and transfers from their USD account to cover these expenses.Any suggestions would be greatly appreciated!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1036178/small_1621507875-avatar-oscarb20.jpg?twic=v1/output=image&v=2)
13 July 2024 | 9 replies
The tenant had been living there since 2011 and had an existing lease with the previous owners which got transferred to me during the sale.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2559039/small_1695467116-avatar-kyser.jpg?twic=v1/output=image&v=2)
11 July 2024 | 2 replies
Do I need to make the HOA aware of the deed being transferred?