Richard Rodriguez
Buying a property by doing a deed transfer
Let's say the owner is pressed with a time-sensitive matter because they need money asap.
I am willing to loan them the money but need collateral so I want to have them transfer the deed. They also want me to buy the...
Eliseo Luna
Loan Question: Transferring Single Family Home to LLC
Hello All!
New to this game and this site! Looking forward to the ride. My question is that I'm moving from my current single family home to a new residential single family home. Planning to rent out Home #1, but wou...
Vivek Jalahalli
Using Credit Card Balance Transfer as Down Payment
If I get balance transfer from 3 cards totally $30K and then add up my personal savings of $30K , totaling $60K to make a 20% downpayment for $300K rental investment.Does banks have problem providing mortgage loans ?...
Terry Bourgeois
Transfering a 401k to a self directed IRA
Hey there !! I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment. But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me. I am ...
Michael De La Nuez
Earnest Money Deposit - Wire Transfer VS. Personal Check
Hello everyone.
Bank accepted my offer on a property. Bank's addendum states "Buyer is to deposit earnest money in the amount of $1,000.00 in listing agent’s escrow account or with Seller’s closing agent upon ac...
Michael A.
Can one S Corp transfer expenses to another?
I recently met with my accountant and he told me that an S Corp can buy unused expenses from another S Corp. I have a relative who has accumulated over $300,000 of expenses over the past 10 years that he has never wri...
Account Closed
Transfer taxes and changing name of limited partnership
I wish to change the name of a Limited Partnership that owns a number of my properties. By doing so, will I need to do title transfers on all the properties owned under the original name to the new name? In other word...
Simond Wong
Tax Impact to Transfer Parents houses to me
BP Fam,Please seeking some guidance on managing tax impacts to me, to transfer my parents homes to me as the owner. All the homes are paid off. I am based in Pennsylvania. I assume They should be able to gift all of ...
Simond Wong
Tax Impact: Transfer Parent's homes to Me, Please :)
BP Fam,
Please seeking some guidance on managing tax impacts to me, to transfer my parents homes to me as the owner. All the homes are paid off. I am based in Pennsylvania.
I assume They should be able to gift all...
Jeff S.
Transferring funds between financial institutions and US Bank
How do you transfer funds between banks, credit unions and the like? I have found long lag times moving money into US Bank even with Zell. I know US Bank is a regional bank so a little questionable maybe. Short of wri...