My mom is turning 90 this month and is no longer interested in a 7 unit building. I want to take it over but the capital gains would be 50k. Upon her death it passes without CG and transfers with a $0 basis. I want t...
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Hi,I have recently switched property management companies. The outgoing PM is seriously dragging their feet transferring all the required security deposits, keys, leases, etc. It has been since Oct 28th when I termina...
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I have seen a lot of posts on BP Forum regarding transferring a rental property from your personal name to an LLC and have searched the forums in the past trying to gather information. I haven't run across a post with...
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When transferring a property from my name to my LLC:
1. Ask mortgage company for permission
2. Get an RE attorney to handle the transaction/paperwork/file with the county
3. Have my tenants sign a new lease using ...
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Does anyone know how to transfer the registration? I am unable to attend and want to transfer my registration to a friend and his wife. Thanks in advance!
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I have lived in primary residence for just over 2 years and rented it for another 2 years. When I started to rent out, I moved my property to LLC using general warranty deed, and now I'm planning to sell my home a...
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I hope this is the right forum to post this in... but I'm hoping to get some advice from some people who really know their Texas title issues.My father recently past away and had setup a family trust to avoid probate ...
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Hi,
I owned several properties under my name and already transferred several properties from under my own name to LLC via quit claim and all of my mortgages are impounded. Here is the problem. Property tax went up ...
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Hello BP Community, I have a somewhat tricky situation that I need help with - which may be a simple answer for you Real Estate experts!
My brother and I purchased a home 18 months ago in which the seller wrote us a...
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Hello,I am new to real estate investing and decided to go with Easy Street Capital as our lender for the DSCR loan.They already ran out credit and we went under contract on a property after getting the pre-qualificati...