Manish Shah
Transfering prperty to LLC
I know there are quite a few posts about pros and cons of doing this but just in case I want to transfer the properties to a LLC, what is the process and cost? Is it expensive? Is it considered as a sale?
Jeanette Bartels
Transfer of a Rental
I am in a situation where I had some money for a down payment to invest a few years back, but my small income and fair credit was not enough to qualify to buy an investment property. My boyfriend at the time had a goo...
Brady J.
Transferring Property to LLC
Hello,I'm looking at transferring a property out of my name to my LLC. From my research it looks like I need to file a quitclaim deed with the county clerk. I'm more concerned with how this affects financing, so some...
Sophia Berry
Trust Transfer Deed process
Hello Everyone,I can't seem to get an attorney to call me back so I thought I would ask the question here. My mother put the deed to our family home in a Trust Transfer Deed in 2003 for my two siblings and I. The ho...
Nick Dunbar
Transferring loan to partnership
I wanted to ask a simple yet complicated question about leverage on your properties. As a CPA, I’m aware of the implications of establishing your business incorrectly or the possibility of losing tax attributes due t...
Thomas Roberts
Transferring rentals to LLC
I currently have 6 single family rentals and 2 flips at the moment. My goal is to start treating real estate as a separate business (I also have a day job). I have an LLC set up with a bank acct and all that. But the ...
Donald S.
transferring property between LLCs
So I see the question of transferring a property to an LLC has been asked about 10k times, but this is not that. My business partner and I are under contract to buy a SFR under the LLC that we do flips out of, but due...
Mark Reit
Transferring deed to LLC
I recently closed on a property on my name and mortgage on my name.It was transferred to Mr. Cooper. I called today to see if I could transfer deed to LLC and they told me that since this is a Fredie Mac loan, they do...
Ras U-Ahk
Deed Transfer (first time)
So my farther is looking to transfer his property in New York City to me. The property is a single-family that has about $150,000 left on the loan and is currently worth over $500,000.I have never done a "gift" prope...
Cheza M.
Issue with wire transfer
Hey BP community,I’m having a problem with wire transfer. My property manager was supposed to wire the rent to me every 15th of each month. When I checked and noticed that I didn’t receive anything I emailed him about...