I just attended the Rich Dad Education 3 day training. They talked a lot about transferring debt as a bank would to fund deals. For example banks use money deposited into CDs to loan out to people at a higher interest...
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
My client had been in contract with a seller who had won an auction bid at a sheriff's sale. Half-way through the AR period, he raised the price by 4K stating that due to holding costs with the sheriff, blah-blah .My ...
When you purchase an investment property that already has tenants in place, does the seller transfer the security deposits to the buyer as part of the sale or is it their responsibility to return the security deposit...
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...
Does anyone know if there are tax implications with transferring a property out of an LLC and into a Realty Trust?
I have a property in an LLC for which I am the sole member. What is the best, most efficient and seamless way to convey the property to someone else in the event of my death?Thanks in advance!
We have a mid size apartment building (25 units) and just found out that the only trash company in the tri-state is planning to build a waste transfer station across the street. I know from an environmental impact thi...
This is hypothetical:
I have joined a partnership with one other individual to purchase a multi-unit building. For simplicity of argument, I have performed 100% of the maintenance and improvement of the property. My ...
My tenant never transferred utilities into her name, it’s been 10 months... and now she is 2 months behind on rent....I want to evict the problem tenant...it’s a SFR.. she has dogs inside, not allowed, late Constantl...