when transferring rental property into LLC the grant deed should say"grantor and grantee are the same party" to avoid tax reassessment howeverany better choice of wording I can use to be more anonymous ? ?
Hello BP ForumI (presently) live in Westchester, NY and I have a SFH that lease out in Charlotte, NC. I bought it when I lived there. I would like to expand my holding over the next few years; I am considering purch...
I posted my "Hack of the Week" in my blog here on BP.Check it out:http://www.biggerpockets.com/blogs/4240/blog_posts...@Brandon Turner , how do I get my blog post featured?
Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...
Good afternoon,i am wondering if anyone could share their experience about transferring funds of a rollover IRA from one custodian to another; wherein funds via check. I plan to utilize the funds and deposit it to t...
Anybody every heard of this and what can be done about it. After closing, I got a letter from the county saying the conveyance could not be transferred due to one of the following reasons.....
10 months later, 2 unr...
I'm working on a wholesale deal in which I and the end buyer will be listed on the contract of sale. After the closing, the end buyer will pay my wholesale fee and I will quit claim the deed. I've been looking for an ...
When is it appropriate to report the 12/31 value for self-directed retirement accounts?
Obviously with traditional types of retirement accounts there’s an actual market value at close of market on 12/31. What abou...
I saw a nice property that I want to flip (in NJ). this property has solar panels on the roof which I plan to remove (house needs new roof). the property is sold in an as is condition (short sale). I wonder if the le...
A spouse wants $50,000 of the $140,000 value of a real estate property being held in their spouse's SDIRA in Florida- an equitable split property state when it comes to divorce. The spouse who owns the SDIRA will NOT...