Joe Black
Surprise 17,000 Tax bill due to LLC transfer.
Hi this is my first post.
last year I created an LLC and move two properties into it, my wife and I own the LLC and we both owned the houses as well.
houses have been rentals since 2019, and LLC was created on 2023....
Jared Basker
Renting vs Selling/Transferring Home to Family Members
I currently have a 30-yr fixed rate mortgage on a single family home that is my primary residence. My parents live there as well. I'm looking to move out and get a house with my girlfriend within the next few years an...
Kosh Vokter
initial security deposit - bank transfer or other methods
How do you normally get the initial security deposit from a tenant? Getting ready to have tenants sign the lease in WA, is it okay to ask them to do a bank transfer before giving the keys after the lease is signed or ...
Sharad Bagri
How to transfer loan from individual to LLC
If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?The doubts we have are1) There is a due on sale clause or something that doesn't allow the loan to be ...
Chris S.
Transferring personal vehicle to LLC for better DTI
Hello! Hopefully I am in the right area for this question. I recently got into REI and have 2 fourplexes which cashflow pretty well. I am looking into picking up another property, but have a crippling $668 truck payme...
Andrew Foster
Buying my first property, Transferring Deed, and LLCs
Hey guys,
So I have an offer accepted, I'm looking to close in 30 days on a multi-family in the Cleveland area. I'm curious on how to go about paying the down payment so that I will not potentially trigger a "due on ...
Emilie Pa
Which professional to contact for transfer of property
Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tran...
Kevin Sobilo
SD Roth IRA Investing In Syndication - Transfer Depreciation?
I'm just looking forward to the future when I may wish to invest in a syndication through a Roth IRA. Correct me if I'm wrong but since the Roth IRA has no tax liability, the depreciation deduction is basically lost. ...
Steven Mitchell
House hacking with conventional lending transferring to LLC?
I'm going to house hack in the next several months and going to use the FHA or 203k loan to start my investing. My eventual goal would be to keep reusing the FHA loan multiple times over the next several years with ev...
Phillip Behrens
Transfer title of properties to LLC in PA
Hi Everyone, been a long time reader of BP, but this is my first post. I currently have 5 SFHs in the Pittsburgh area that I rent. These are all currently in my name, i manage the properties myself and have no due o...