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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...
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Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
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Hey guys , quick question . I live in Nj I have two properties . How do I put them into an llc ?
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Has anyone read through the RCW to find the exemptions or otherwise found an article that lists the exemptions? From what I see foreclosure, transfer to family members under specific circumstances and transfers of "de...
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My lender says I can transfer the title to the LLC after the purchase. Is this complicated and/or costly?
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Looking to buy at Sheriff's Sale in Lancaster county PA (for the first time). Found a property I'm interested in... have done title search etc. I have a few questions regarding this..."All applicable realty transfer ...
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Does this sound about right?
--$100 to $200 -- county transfer tax
--$300 to reissue or write a new title policy in the LLC's name, since the old policy will be voided by the new quit claim or warranty deed.
--??? ...
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I am working on refinancing my first property and realized Fannie and Freddie will not close on refinances with business entities. I did not do my homework beforehand and am now wondering how the LLC being on title wi...
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Hi BP,I am concerned about triggering the Due on Sale clause with seller financing for a buyer (a wraparound loan).If I setup a financed property in an sub-LLC, could I bring the buyer on as a partner and set up a con...
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Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!