Travis M.
Tax disadvantages for transferring rental properties to S.M. LLC?
Are there any tax disadvantages to transferring rental properties to a single-member LLC with disregarded status? In particular, would this have any adverse impact on the stepped up basis applied to properties inherit...
Grace Botsford
HOA Not Transferred Florida & MLS Item Not Done
Hi all. We bought recently bought a house in Florida and realized the sellers agent didn’t include the paperwork to transfer the HOA to us. We were never sent the Homeowners Association/Community Disclosure before clo...
Joe Lutz
Transfer property from SMLLC taxed as an S Corp
I have a SMLLC that is taxed as an S Corp in which I have a couple of rental properties. I would like to transfer these properties from that LLC to myself or to another SMLLC that I own. Can I simply change the de...
Samantha Ferguson
Has anyone had trouble doing deed transfers during Covid?
My lawyers office seems behind. Is it my lawyer or has Covid been affecting transfers?
Josh Tosi
Transferring a property to an LLC and whats next
I recently completely paid off one of my rental properties and am weighing options on what to do next. The property is currently in my name but I am planning on quitclaiming it to an LLC I formed. Once I have the prop...
Kathy Moser
Abandoned Foundation on property - can I transfer septic rights?
Hi Real Estate Mavens,
Thanks to all the education and inspiration I found here I am planning to make an offer on the property where I am renting.
The owner owns 3 houses and also a small lot that used to have a...
Calvin Anderson
Transferring Title to LLC for Property Management & Financing
This is my first post and foray into these forums so please forgive my ignorance. I am only 22 years old and have been slowly making my way through a real estate principles book as well as reading as much as I can whi...
Jay Axness
1099-S for transferring RE into personal LLC/LLP?
We are planning to transfer an investment property into an LLP at our cost basis. Are we required to file a 1099-S for our contribution of the real estate to the LLP? Given we are transfering into the LLP at cost bas...
Laurence Obi
TRANSFER TITLE/LIABILITY WITH LITTLE OR NO CLOSING COST?
Hi guys,
NEED YOUR HELP!
I have a property purchased under one LLC and for personal reasons would like to move active facility used to purchase said Property to another LLC (basically shifting the entire liability) ...
Mete G.
How can I transfer my LLC to my wife?
Hi Everybody, I have a holding LLC in NJ and also another LLC in PA. PA LLC is 100% owned by my holding LLC in NJ and I'm the sole member of NJ LLC. There is no real estate in any of the LLC. My question: How can I tr...