Hello all. I am a new investor in North Carolina looking for my first deal. I am currently working with a realtor, however I have decided I would like to get my own license at some point so I can see more properties a...
I am looking to do warranty deed - I am moving the deed from my personal name to LLC owned by me and no mortgage on the property.Will this result in any transfer taxes?
I am asking for a co-owner friend of mine. She has a property that was leased to an individual. This property was used (and abused). The tenant left with proper notice and was given their deposit back "prematurely" a...
What are the pros and cons of putting a home i ent And I own under my name into an LLC? I know liability is the biggest reason.
Also what are the legal and tax implications and procedures?
Thanks!
My dad has owned a property for 10+ years, and he hasn’t done anything with it. So it needs to be torn down completely, and I want to buy it from him. He paid $35,000 for it, and it’s worth around $100k today. When I ...
Anyone transfer their personal tools to your llc and deduct them from your taxes? Looking to see if this is possible.
We brought a SFR with a newly installed roof but there were leaking from first heavy rain. The roof company came to fix it for many times but still leaking and then we were told that is the sweating of duct piping. We...
Hi everyone,I am a newbie from Texas. I would greatly appreciate any expert advise!I am planning to purchase my first rental property with a partner. We would like to register a LLC. However, I heard that at the begin...
hello i am trying to buy a house from a owner but hes name is not on the deed as it was hes fathers and he past away long ago without leaving a will if the son the owner is on the property title and name on taxes can ...
While investigating a deal, the owner offered to sell the LLC along with the rental property including the business license, tax ID, and GET/TAT Tax setup. They offered up all the local (I am out of state) legal, acco...