Mark Mynhier
Creative owner financing
A partner and I are working on a deal and have a question about creatively financing an owner financing. The gentleman is 87, but is in no way impaired, and is willing to do owner financing on the property. One possib...
Account Closed
Land Trust - who should be named on the insurance policy?
Hi FolksNeed your help please. On an investment property that's rented out, who is the owner of the insurance policy?The structure of ownership is as follows:Title to the home taken in the name of the land trust. So t...
Ali Hashemi
Setting up Business Entities
Looking for a little help because I'm getting conflicting information. I set up an LLC in my name but not tied to my SSN. I filed for an EIN (I should have had a registered agent set it up correct?)I had my attorney s...
Charles Enman
Property Purchase with SDIRA Involvement
I'd appreciate any wisdom you experienced SDIRA posters can share on this specific situation:My deceased mother's trust includes a commercial property worth ~$1.5mm. The beneficiaries of the trust are my two siblings...
Theresa Nguyen
Self-Directed CESA accounts through Equity Trust
I’m lending hard money to a lady whom I met in my REIA chapter via a self-directed CESA, and the custodian of that account is Equity Trust. The purpose of doing this is to build up this account enough so that I can bu...
Sean Beksinski
What is a probate ?
The official proving of a will. Is the definition I got on google. Can someone help explain in your own words?
Terry Portier
Inheriting Property, Probate
What is the best way to inherit property from your parents or set up for your kids if you die so that Uncle Sam does not take a huge chunk? Assuming the property is free and clear.
Mark Miles
Avoiding transfer tax with transfer to LLC
I know a lot of people write on here about transferring title to an LLC after closing. I'm curious - is everyone paying the transfer tax when they do this? It's particularly onerous in Pennsylvania, which charges a tr...
Steve Fitzgerald
Land Trusts and LLC Formation in different states
I have a rental property that I own free and clear. Based on some of what I’ve read in the forums and heard on podcasts I’m considering putting the property into a trust with an LLC as a beneficiary. This is in additi...
Eric Calica
Land Trust - LLC - Revocable trusts
Hello Everyone!I'm currently house hacking in WA and I'm just about to close on a property located in OK.There are a few very informative (and old) posts that i wanted to discuss further and hear some thoughts. I'm st...