Chad Coleman
Tax consequences of transfer a house to LLC and rent it
I have lived in a house for 4 years and moved recently to a different house. Was thinking to transfer the old house to and LLC and rent it out. I think since I have lived in the house for full 4 years, there will be n...
Mack Owens
Quit Claim Deed / Finding Lender - Please Help!
Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
William Coet
Assuming a Mortgage as a Solution To Raising Interest Rates
Hello,For a mortgage with a regional bank, can it be assumed by the buyer so that they can keep the lower interest rate (4.1%) instead of having to make a new mortgage at 6.5%?Thank you
Yocheved Beer
sub to protection for seller
what happens if the buyer g-d forbid dies on a sub to deal, how can the seller be protected from this?
Joe Dimaio
Baltimore Househack in LLC
Hi All, I currently own my primary residence which I am house hacking and just purchased my first investment rental as well. Both properties are located in Baltimore County, Maryland. My initial plan was to transfer t...
Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
Mauricio Botero
Philly Realty Transfer Tax (x2) when buying from a wholesaler?
As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
Amit Patel
Buying first Multi-Family - LLC Help (NJ )
I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey
* Can i buy in ...
Kyle Kulhanek
Retitling a property to an LLC - Chicago
Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...