Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...
Greetings all,
I'm doing my first private money deal and need some advice.
I've located an investor who is willing to do a generic promissory note so I can purchase an investment property.
However, b/c the propert...
Everyone wants to reach financial independence as soon as possible. But if you really want to get on the path to early FI, you’ve got to start making savvy money decisions TODAY. And we’ve got a few tips, tricks, and ...
House hacking might be the easiest way to get into real estate. This beginner-friendly investing strategy involves little risk, works with several types of properties, and can cover your entire mortgage. But don’t jus...
Hello BP,I currently own a non-performing note under a LLC, I would like to transfer my NPN to a different LLC. Can someone please tell me on how to begin this process? Thank you.
OK,This is a little obtuse but just stay with me. I was in the process of making two simultaneous but separate 1031 exchanges from two SFRs to two MFs. Well, here comes Hurricane IRMA and screws up one of the target M...
I have two rental properties and am trying to buy a home for my family. Make 12k a month but have 4k in debt with the rentals being 3k of the debt. I started a llc for the rentals but was curious on how I can transfer...
I have a Heloc on a property that I own. My question is am I able to transfer this property that I own into my holding company and still be able to use my heloc without any issues. Or does transfering with property vo...
Dear All, I am in the process of closing a deal in Maryland. I have been buying property under my name, and don't have LLC set up yet. I wonder if I want to transfer the property I am buying under personal loan to LL...
Dear All,I am in the process of closing a deal in Maryland. I have been buying property under my name, and don't have LLC set up yet. I wonder if I want to transfer the property I am buying under personal loan to LLC....