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Hey there everyone! This is my first BP post since my wife and I are new to real estate investing. We are located in East coast central Florida. We bought our first house last year after finishing college and are now ...
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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 tr...
Any takers to help regarding this Canadian tax law question?I apologize in advance if posted in the wrong category..As American Citizens (non Canada residents) A couple owned a property in Vancouver.The husband died a...
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Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...
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I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental. My goal is to transfer both the deed and the mortgage to an LLC. My main concern is how to avo...
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I was discussing these questions with a friend of mine who is about to close on his first property and I thought I'd pass the questions along to the forums:1. If you purchase a property and inherit the tenants, tenant...
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Chicago IL, Cook CountyIn mid 2015, a property was quit claimed to me, it was recorded on 2/10/2017 according to the recorder of deeds websiteIn December of 2017, I paid a lawyer to quit claim the property to my bro...
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Hello all! So my partner and I set up an LLC to buy rental properties. We have funded the accounts and established business credit enough to make our first purchase. I’m curious about the ins and outs of purchasing a ...
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I recently invested some $ from my roth SDIRA into a LLC, for a multi family, but the contract fell through.Can I leave the money in the escrow account until the investor finds another deal? Or do I need to transfer ...
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I would like to transfer the deed of ownership of two of my rental properties into my LLC. Both properties still have a note on them and I understand that this could trigger a due on sale clause, but I keep receiving ...