Am I better off purchasing properties under my own name? Or go ahead and do them under an LLC? At what point is it worth the investment both for security purposes and tax purposes
Can anyone answer if you pay a transfer tax in the state of Pennsylvania when moving a property in your name into your LLC?Thanks in advance.Gwyeth
So in 2013 I was able to buy the house I was renting for 32k cash. Today, working on buying another property. Wanted to go FHA with this one, but might possibly need POA to sign at closing due to the possibility of be...
In recent years my mother has, as she said it, gifted me her old house, this process was done without me signing anything and I became the owner of this house that I'm responsible for. Just within the last year I've ...
I am not very happy with my existing PM, and I've made up my mind that I'd replace them. I've found a replacement that I am comfortable with.Per the existing contract, I must provide a 2 months notice to the PM, unles...
Hey everyone! First time posting... I'm looking to buy a duplex as my first deal. I'm lucky to have my dad as a partner but he does not live in America. The deal is a seller finance duplex, already has tenants and cas...
I am trying to get the fixed costs to sell bare land for 115K in Placer County California. Owned outright for two months. Had personal issues right after buying so need to sell it fast even though we'll pay ordinary...
I want to buy a triplex or fourplex using FHA financing but then would like to change the ownership into a LLC that I will create. Is there a time frame when something like this can be done?
Second question ties in...
GA BP:
I Guess this would be some kind of seller financing/creative financing and need solid advice.
So I have a seller who lives out of state in Florida and own a bunch of real estate in New Jersey. I've closed on...
Hi, I am starting to self manage my rental property and have below Qs. Please help?1. I understand its good idea to have a separate bank acc for rental income. Can it be a personal acc? I called WF and they said for b...