We just closed on our first investment acquisition - a cashflow-positive duplex! Now that the deal is closed, property manager is hired and lender has approved an LLC transfer.... it's time to tackle the LLC transfer,...
I am single now after divorce, 58 years old. I want to buy multiple rental properties. Should I title these properties in my new living trust? I want to be able to pass them on to my kids when I die. Not asking for le...
I’m an agent and was approached to list a house purchased by someone that does the above. I asked for proof of ownership since it still shows in banks name. They provided contract and copy of wire transfer and said th...
Does anyone have their tenants deposit their rent directly at the bank? I usually either pick up the rent from their mailbox or they use the online payment service. Well I have tenant who doesn't have a bank account ...
I purchased my first property under my personal name and secured a mortgage as a "second home", but the plan was really to rent it out as a STR. My mortgage broker told me to simply get the "second home" insurance pol...
Looking for some constructive investment community discourse as I've had a few clients reach out recently about settling transactions in 'alternative' currencies or trading for real property. This is not intended to b...
How do you purchase rental properties and get them put under your LLC? Are you buying them with your name and then transferring the deed? What is the best route to get homes purchased and under my LLC?
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?
I am trying to restructure my rental units (2 duplexes), currently in PA. Currently, they are financed under my personal name. My goal is to set up an LLC in Wyoming (I heard this is the best state to do an LLC) and ...