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Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...
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Allentown , PAI currently own a home with about $25,000 in equity. The home will rent for $1,400-$1,500 a month and my mortgage/taxes are $800 a month. I want to buy a multi unit - keep current home - live in one unit...
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The seller agreed to do a quitclaim sale into an LLC and then sell the LLC to my/my partner. I only have to pay $10,000 (over the course of 1 year with $2,500 being paid upfront) in order to obtain the ownership of th...
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I have formed a new LLC and will be going to closing on a new property. My question is when can I transfer the property from my name into the LLC? what are the steps involved and the cost of each step? What can I expe...
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So there's a preforcelosure set for auction in October (Collin County, TX) that I was monitoring. I was doing research through the Clerk's site and saw the deed was transferred into a trust in July by the owner (named...
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Would someone be kind enough to explain to me how escrow is completed when buying and selling a house while it's in probate. If I work with the PR of decendent's estate and I tie the house up via a buying contract, ca...
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I am in the midst of a purchase and an old school seller says he doe not want attorneys involved. I informed him we would still be getting title insurance and running a title search and he was okay since that was c...
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We lived at these apartments for more than a year With no problems or any complaints we got transferred to a new unit a month after we got transfer the office in the letter that they heard her complain about smoking m...
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Hi-
Currently I have 3 properties (2 investment, 1 primary residence). I live in New Jersey. I'm wondering when does it make the most sense to create an LLC?
Any advice on the recommended structure? Umbrella with ea...
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I hope I can explain my dilemma properly. I'm involved with buying the first rental property for our daughter. She wasn't available for the process so I made the offer in my name. The offer is accepted and we have abo...