Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Sung Lee Cash on hand but no credit.
31 January 2019 | 3 replies
Whole alot to learn before start pulling the trigger.
Neal O. 50/50 Partnership Structure and LLCs
3 February 2019 | 6 replies
While transferring the property into the LLC can trigger the Due on Sale Clause, transferring properties into a Land Trust does not trigger the same red flags from a bank. from there you can nest the Land Trust into an LLC, still granting you the liability protection of the LLC.
Vidit S. Transfer tax if I do it to a land trust with self as beneficiary
5 February 2019 | 6 replies
@Chris K. should be able to answer this, but i do not be leave this would trigger the transfer tax, if you are keeping the same trust and not starting a new one but changing the beneficiary then this should not trigger it, the trust is still the owner, it does not matter who the beneficiary of the trust is. it may also depend on what type of trust it is in.
Ryan Halford How to use LLC money from personal account for conventional loan?
31 January 2019 | 2 replies
I'm still looking for a CPA/tax advisor around Tampa, but I'm about to pull the trigger on a couple deals and don't want to do something that should have been done differently from the start before speaking with someone.
Asia Taylor From Pro Athlete on the highest stage to Investor
23 October 2019 | 19 replies
Here's a story of one of my buildings (after 6 years of headaches, I sold it for over a $1 MILLION profit).https://www.biggerpockets.com/forums/311/topics/64...To answer your question, so as not to trigger the Due on Sale clause, you should transfer the deed first to a landtrust then you transfer the beneficial interest of the landtrust to your LLC.
Andrew Everingham How to get first property
2 February 2019 | 12 replies
The lender will not allow it as you will trigger a technical default.A commercial bank will lend you money for the property if it’s in a new LLC.
Anessa Salinas Help a newbie determine where to start!
2 February 2019 | 34 replies
Just pull the trigger and work at it.
Jose L Medina Looking For Pre-Foreclosure Lists
19 March 2019 | 6 replies
To me, pre-foreclosure is the default period after the due date or, after the default that triggered a demand (Taxes, insurance, illegal transfer, etc.) but before the filing of the notice of default (Or first legal in a judicial case).
Jarod Flanagan BRRRR Memphis / Birmingham
12 May 2020 | 18 replies
Holding off on pulling the trigger though, I'll likely want to move to whatever market I end up investing in long term so I've been checking out good MFH in both markets as well.
Kanu Patel Convert rental unit to LLC
2 February 2019 | 3 replies
The transfer could trigger the Due on Sale Clause, but you can us a Land Trust because it does not trigger the same red flags to a bank/lender.