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A friend and I recently closed on our first investment property which is a buy and hold. We currently hold the title as tenants in common but have established a LLC in which we want to transfer the title. We finance...
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hello.
I had a property under my name transferred to a LLC. The real estate taxes bill have changed to reflect the LLC. Now I need to start making mortgage payments, and was going to write a check from the LLC. Will ...
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Hello! I recently closed on a home in Ohio and the previous owner said he never received the security deposit from the owner before him. The lease says that there was a 750 security deposit. Will I end up just having ...
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my father and mother own two row homes in north philadelphia. our family business has been housed in these homes since they were purchased over 35 years ago. my brother and myself are now part owners of the corporat...
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I have a partnership I want to transfer into an LLC. Can I just transfer the Partnership to the LLC and keep the partnership alive, or do I have to transfer the partnership percentages to the LLC. i.e.- the ABC LLC wo...
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Hello,I'm hoping someone can clarify this for me as I've gotten conflicting information. Scenario: Husband and Wife purchasing home that is owned by Husband's Grandmother, Mother and Uncle jointly (each have 1/3 inter...
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I'm looking to flip a property in my area. I have engaged with a private money lender to try to get the deal financed. I received a "conditional commitment" letter from the lender. To begin processing the loan, he'...
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The bank holding my mortgage has informed me that they have made a business decision to not allow properties to be transferred to LLC's. I have gone back and forth wether or not an LLC is needed, but after doing some ...
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I'm trying to help my mother in law out. She sold what I believe to have been a personal property Mobile Home in rented lot in Texas back in 2010. Apparently she didn't have or transfer an SOL. Recently she got a no...
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I spoke to my lender and he said it would be best to talk to a title company that would transfer from my name to an LLC. He said it was hard to do that versus doing it in a trust. I spoke to a lawyer and does not reco...