Elizabeth Einecke
Using Quit Claim to transfer property to an LLC
This is probably a dumb question but I've never done it before. I have a property that I own in my personal name. I have formed an llc to transfer the property to. I understand that I can do this myself with a quit...
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they ...
Michael J.
Verge of Foreclosure, transfer deed and take over payments?
I know there is a term for this but can't think of it at the moment.
Basically I have been watching a house listed as a short sale and I think it might be on the verge of foreclosure.
If I talk to the o...
Account Closed
Transferring property from an single-member LLC to yourself
I would like to transfer my Lakehouse out of the LLC to myself. I have around $65,000 invested in the property. I have a $75,000 line of credit against it. During getting The line of credit on the house in appra...
Jupin Chacko
Transfer Property in Land Trust to LLC to Rent
Hi everyone. My wife and brother-in-law inherited their mother's house via a land trust and it was great in that it avoided probate. However, we are now looking into renting the property (single family home). My broth...
Ray Detwiler
Transfer of home to LLC and future vulnerability/liability
I've tried researching this a bit but haven't quite been satisfied with what I have found, so I apologize in advance if this has been answered and I just missed it or didn't understand it correctly.
Few questions -...
Edward Park
transfer tax from s corp to multi member LLC
Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC...
Connie K.
Transferring property in Arizona LLC to a Minnesota LLC
Has anyone transferred a rental from a LLc in one state to an LLC in another state? In my case I have a house in Minn owned as a foreign entity in an Ariz LLC . I want to transfer it to a Minnesota multi-member LLC. T...
Harinoor Mann
Transfer Deed from Single person owned property to LLC
Hello everyone, I bought an investment property (duplex) in Cleveland in October of last year and I am planning to transfer it to LLC owned by myself. Need help with that.
Sean Overcrest
Seeking Advice on Property Transfer Options & Tax Implications
Hi there investors! I am newbie in real estate and I don't have much experience in real estate. I'm wondering if you can help advise on this situation.My mother currently resides in a property located in Los Angeles ...