I’m trying to transfer my personal property to my LLC (a property I rent). I was told to contact lender and transfer property title to my LLC. Which I’m planning to do because apparently banks don’t transfer mortgages...
is there a way you can avoid taxes buy transferring stocks that have grown over a while to income producing investment rental real estate?
Hello, What is your favorite method of payment online for rent as a landlord? I was looking into rentpayment.com or yapstone.com for my units in Montreal but they only seem to work in the US. @Olivier LePage @Guillaum...
Hi Everyone,Has anyone structured a subject-to deal while the seller is in pre-foreclosure? I was thinking about coming up with the missing payments, fix the house and sell it or just keep it as a rental.Will the lend...
In the past, you could buy a property with cash in an LLC, rehab it, and then just before cash-out refinancing, transfer it back to your personal name to conform to Fannie/Freddie guidelines and get a traditional loan...
Hi,I am currently an investor in the Philadelphia suburbs and I am trying to hone in on my next property. The problem is that in this area, real estate taxes vary widely and so does transfer tax. As I am close to and ...
I'm in the final stages of rehab on a BRRRR property which I paid cash for and am looking for some advice on pursuing my refinancing options. Unfortunately my credit is not good enough for the refinancing aspect of th...
Hi BP friends,
I have recently set up my single member LLC and opened a LLC bank account. I have questions with regards to funding my LLC Bank account. I have some cash in my personal bank account and some cash from...
Good Afternoon BP,I have a potential deal coming up to purchase a buy and hold duplex directly next door to my current rental property. I will live in one unit and rent the other. I don't have the down payment money ...
I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the ...