Jim Ziccarelli
How to transfer my rental into a newly formed LLC
Hi,I currently own two 4-unit homes and live in 1 of the units. Of the home I do not live in, I would like to create an LLC and get transfer the home from the mortgage under my personal name into the LLC with the inte...
Jack B.
Transfer of tenant deposits to me once the deal closes?
The sellers agent/property manager told me that they would provide leases and such from the current tenants upon closing and would transfer the money from tenants deposits (they didn’t collect last months rent) from t...
John Lee
How to transfer a property from s-corp to LLC
I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
Jill Reid
In the family rehab and transfer - path of least resistance?
My father is looking to sell our family home in Baltimore, Maryland. The house is old (1919) and needs some work. He does not currently live there (no one does) and he is looking to be totally rid of the property. It ...
Dennis Mcdonald
Transfer existing property to LLC to qualify for new mortgage
Hello BP! I've been searching for the better part of 5 hours for this answer but am coming up empty, so here I am creating my first real BP thread.
Here's the situation I'm in. I own a condo that I intend to rent out...
Jorge Ubalde
Most Prudent Course of Action to "transfer" properties into LLC?
Good Morning Fellow BP rockstars - My apologizes in advance for asking what I'm sure has been a very common question throughout our forums. What's been your experience in transferring properties currently financed by ...
Anna Persaud
Transferring a mortgage note from one LLC to another LLC
One of my LLCs is the MORTGAGOR of a mortgage note and I would like to assign it to another one of my LLCs. How would I go about this? What tax consequences, if any, should I be prepared for? My mom is also listed as ...
Ahmed Iqbal
Conventional loan and then transfer to a multi member LLC
Hi All:My sincere apologies if this topic has been answered before. I did search and could not find the exact answer. My scenario is this I am exploring a new market and putting together a 3 member partnership. The...
Jessica Murray
Tenant hasn't transferred utilities and is late paying me - help!
I let A__ move into the upstairs unit of a duplex in exchange for doing a years' worth of renovation work (which she did in the first two months). Even though her lease states that she was to get gas hooked up by Octo...
JOSH ELIOT
Anyone ever use Exclusion for Transfer Between Parent and Child?
The form is called the BOE-58-AH Claim for Reassessment Exclusion for Transfer Between Parent and Child. Anyone ever hear of that or use one?