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My wife and I own a rental property, under an LLC with both of us are 2 members. I want to create a living trust to avoid probate and also want my sons to continue the business after we passed. How can I transfer the ...
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Hi BP... I am seeking advice regarding title transfer when buying out a partner. I have a partnership with another investor where we own a 3-plex in Riverside County, California. I want to buy him out and we agreed on...
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Rescinded
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Hi all,
I'm posting this in off topic because it's not specifically about investing but it is about real estate.
My parents have about 3 acres of a 23 acre property they want to give to me. They own th...
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I live in Florida and was wondering why kind of penalties I'm facing. I date on my purchase agreement (when I bought the home from the sellers) is dated 4-22-10. I didn't transfer title to my name to avoid paying th...
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My wife and I started our REI venture for buy and holds. All properties purchased to-date are in my name alone however, there will be a time in the future when we plan to move them to a LLC. I alone own the properties...
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I am transferring title of a property from my LLC to my personal name for a cash out refi. The title company says that this is considered taxable in Maryland (as if it were a sale) and suggested I instead dissolve my ...
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I recently acquired a mobile home that is in a mobile home park. The owner was in financial trouble, so we worked through a typical pre-foreclosure process. I took over mortgage, payed back fees, helped her move out...
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We just closed on our first investment acquisition - a cashflow-positive duplex! Now that the deal is closed, property manager is hired and lender has approved an LLC transfer.... it's time to tackle the LLC transfer,...
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Hi everyone,So we have been trying to invest in Florida for the last year, while just monitoring different markets in our area and running numbers but so far nothing. My question is about how we can finance our invest...