Hello everyone,I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with i...

Hey I currently own 4 units in Philadelphia PA and wanted some advice as to the best way to transfer them to an LLC or S corp without paying a transfer tax - and also which type of Corp is preferable with regards to i...

Dumb question, I know, but when I pay myself from my LLC, do I need to write a physical check or can I simply transfer the funds electronically to my personal checking account? I ask because with an electronic transfe...

HelloMy husband and I transferred a rental property that we have owned for 10 years into an LLC, transfer occured on Jan 1st, how does the transfer show in my personal taxes.  We want to file a 1065 for the LLC, know ...

This is my forum post. Over the last year I have purchased via traditional financing, rehabbed, and successfully rented out several properties. While these properties are owned by me personally my LLC manages them… ...

How to handle account been closed by Equity Trust without my consent ( They did informed me for 30 days, I was overseas and can't do much logistically to transfer out real estate properties, I just came back to the St...

I’m wanting to move my properties into an LLC, but my properties still have mortgages with banks. What is the worlds advice on moving them over legally? Does everyone actually wait until the mortgage is paid off?

Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy th...

If you purchase an existing LLC that holds real property do you avoid transfer tax?

Do you keep the existing basis?

If anyone has done this an can elaborate on The pros / cons I would appreciate it. I'm going to co...

Hello all,

I would like to start investing in houses professionally on the side. I currently own one rental/investment property in my name. I am currently in the process of g...