Hi, Here is the situation. I had a free and clear property under a one of my LLCs. Begging of 2009 i sold it to a friend of mine and we put the title under his LLC. Now we have a new business together and want to move...
So i'm writing up a contract to buy a rental property. I was wondering what others do with the closing cost portion. What closing cost should buyers and sellers cover? I would like to cover the cost but I didn't reali...
Is there any tax to transfer an LLC from one person to another? The LLC is formed in NY and it has a commercial real estate property.
Good morning, I am new to bigger pockets and this is my first post. I have a home in Pocono summit with no mortgage and want to transfer deed to an LLC . I would like to know if anyone could point me to someone wh...
Hi BP- I currently have a multi-unit in Missouri that was purchased under an LLC. I have a two part question for the attorneys in the room.1) Our lender required that my mother be listed on the LLC Operating Agreement...
Pretty sure it is - but want to be positive. Ex) If I bring $10,000 to an auction and my (winning) bid is $10,000, does that mean I need to come up with the additional transfer tax monies or does that get factored in ...
im completely new to this so i have no idea how to handle it. my grandmother is wanting to give me, we went to the tax office and they are saying there is no deed in her name. she bought this property in 1985 and on t...
Hi, Was wondering if anyone has experience doing a subto deal inside of an HOA. Do I need to make the HOA aware of the deed being transferred? What fees should I expect?Thanks, Kyser
I just came from Bill Gatten's 2.5 day workshop and was curious if anyone else out there has had success with the system.
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...