Kevin McCandrew
House Hack Brand New Duplex
4 June 2020 | 9 replies
I ask because im really trying to speed up my investing process with cash flow and hustle to do so by putting a second Duplex (there will be 2 built at same time) in my girlfriends name and ill fund it and then transfer ownership after the 1 year requirements are up, but so i don't have a empty unit (One she's "living in") I would airbnb it so theres no leases where i could legally get into trouble.
Jeremy Martin
Clueless Newbies With Big Head Start
17 October 2018 | 18 replies
Apologies, I made an error - If you reversed the transfer and she sold today, she would not qualify for the Sec 121 exemption because the house has been used as a rental for the past 5 years.
Uneeq Khan
Rent Management Strategy
2 November 2018 | 7 replies
The property management company will then transfer you the net amount after property management fees + repairs.Property taxes, mortgage interest, principal and homeowners insurance is usually paid by the owner and not by the property management company.
Philip Hy
How do you live off your cashflow?
5 November 2018 | 8 replies
I also transfer money each month into a different savings account for property taxes etc etc Basically i keep personal and biz seperate.
Kyle Glasgow
Listing price: reduce or be patient!
24 March 2019 | 68 replies
campaign=preIf you qualify, there are credit cards that offer no transfer fee and 0% APR during an introductory period.
Wilson Tao
Can I accept the 1 year prepaid rent from tenants?
11 March 2019 | 18 replies
If you do it you need to keep it in a separate account just like your deposit money and transfer it each month.
Damon Rucker
Purchasing Occupied 4 Plex with shabby M2M leases
10 March 2019 | 27 replies
Can I transfer the property at any time, into the LLC or only right now during closing?
Bob Burns
Can a 5 yr old buy RE?
18 August 2022 | 8 replies
@Bob Burns You may want to look into the Uniform Transfer to Minors Act and whether/how it has been codified in your state.
Randy Smith
How Can a 1031 Exchange Help Defer Capital Gains Taxes
5 December 2022 | 25 replies
So you first have to transfer ownership.
Brian Court
Airbnb Arbitrage HELP
6 December 2022 | 8 replies
Set up Zillow alerts for all small multifamily that "sell" (when properties transfer ownership landlords will be more open to talking) Network with small multifamily relators about buildings that are under renovations and will have multiple units coming up that need to be filled (problem) where you can "pre-lease" the unit and pay the landlord the 1st day it's available (solution) Remember the name of the game is "How do I profitably solve problems for the people I want to work with!"