I understand the whole "due-on-sale" clause and I'm fairly familiar with company formations and how to document a transfer of property. My curiosity is how many of you have successfully transferred your RE property t...
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Hello BP Community, I've read enough great opinions on REI strategies here in the Texas forum to fill the Library of Congress. Y'all are truly the best.This is a "Put Yourself in my Shoes" post... Imagine you're new t...
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I purchased a property about 5 years ago under my personal name. Is there any way to legally transfer the mortgage/deed over to an LLC that I create? Thank you.
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I spoke with a CPA and he said it would make no difference gifting my mother's home(I have PoA) into my name or my LLC in regard to taxes. Is this true? This seems off due to what I've read about write offs and depre...
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How do you transfer the deed of a rental property to a LLC if bought under the personal name to obtain the loan?If the property is already tenant occupied how do we change the lease? Am I personally liable until the p...
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I am trying to set up a method for a real estate business I am loaning money to, to be able to pay the Self Directed IRA back. The bank the money is in does not use Zelle or Pop money. I need some method to set up t...
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I came across a HUD home for sale, and then looked up the property history in the MLS. The last listing said that the property had a double lot with 2 separate deeds, and the vacant lot was build-able. I then resear...
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Hi,I have a property rental in one LLC and taxes are under those LLC. I need to tranfer that property to another LLC name and going forward it will file taxes under that name.How does the transfer work? What happens t...
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Need help from someone who has some knowledge of international money transfers.I am a US citizen and I work in Saudi Arabia, which as you may know is part of the tumultuous Middle East. Lots of sand and jerks dressed...
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As a wholesaler, do I have to pay transfer tax in Texas? Or does the seller generally pay it? According to www.ncsl.org Texas pays zero transfer tax. Is that right?I have not done my first deal yet and wondering if I ...