We inherited a house which we are currenting renovating and plan to rent. Right now, the house is in my husband's personal name and we want to form an LLC and transfer from his name to the LLC. There is no mortgage on...

Hi, if a sibling was awarded a Transfer of Death Deed how do they transfer it to another sibling? Quit Claim Deed?

Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...

Hello allMy brother and I have created a complicated mess with our real estate transactions over the past decade.  We're now trying to clean things up via an LLC.  Currently, we have some houses in California that we'...

I have a piece of property I found and reached out to the owner about buying. Turns out it was owned by her father and he passed away almost 20 years ago. She has been paying taxes ever since and just wants to get rid...

Hello all, looking for advice on my grandparents property situation. They both have reached the age of being admitted to a nursing facility. They did not have the best asset protection strategies in place & may lo...

Does anyone know (or have a rule of thumb) of the cost differential of closing cost between a cash buyer and a mortgage buyer for a personal residence?

Among confusing legal concepts, the generation-skipping transfer (GST) tax is at the top of the list. Because of its complexity, many attorneys lump it in with concepts such as the rule against perpetuities—topics tau...

Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...

Hello, curious to ask if I should create an LLC before I purchase a real estate property. I will most likely either buy a house hack, small multifamily, or partner deal with my first purchase. I understand that banks ...