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Results (10000)
Mark Hu Cannot close deceased parent's apartment bank account
10 January 2023 | 1 reply

After my mother's passing, Wells Fargo bank has locked up her business account. My sister, who is executor of her estate, cannot access it. I am cosigned on account, and have helped manage the account for decades. Thi...

Max Brudner Bookkeeping/Taxes at the Parent company level
19 March 2022 | 5 replies

Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to bu...

Kirstyn Indy Parents- how to build your kid’s credit?
14 April 2024 | 5 replies

Does anyone know which credit cards will report an authorized user to credit bureaus? I’m trying to add my kid so he can build credit early but can’t find a card he can piggyback with me that will actually report to c...

Manuel Diaz Best way to take over parent's house?
15 June 2015 | 6 replies

My mom has a house that is fully paid off. She wants to pass it on to me. What would be the best or easiest way to do that? (While still alive)

Jeff K. Cabin Purchase with Parents - LLC or Not?
19 July 2021 | 4 replies

Hello, long time reader, first time poster.Spouse and I are looking to purchase a cabin with my parents. Planning to share expenses, mortgage, etc. until parents pass away, at that time they want this to be our "inher...

Davis H Son Is a Wyoming parent LLC enough protection?
22 April 2024 | 3 replies

I need to structure my business for asset protection and anonymity. I operate in Virginia and have several properties there, which are owned by Virginia LLCs. I also plan on forming 2 new LLCs, 1 for new acquisitions ...

Robert Fry Creative Finance Strategy To Buy From Parents
15 February 2024 | 5 replies

Hello all. I am looking at options in the near future to take the house my parents currently own off their hands as they will be moving to a new state in the next couple of months. My goal is to eventually own the hou...

Jeff Gattens Taking over my parents house in NC
2 June 2023 | 1 reply

My parents own a home in NC and I have been talking to them about buying the house from them for 2 reasons. 1. When they do eventually pass or if they ever need to move to an assisted living facility it's one less thi...

Kristina Lugo Borrowing money from parents for down payment
13 March 2019 | 47 replies

I'd like to purchase a 2 unit building with a 203k loan that I'll eventually BRRR. I have some money in savings, but not enough to cover a down payment, closing costs, and reserves to hold me over for a few moths whil...

Heather Schmidtknecht Can I put parents on the lease?
6 May 2020 | 6 replies

I had a young expecting couple view a SFR of mine yesterday. They both have jobs that have been or could be affected by Covid, as they are just at the income level that is 3x the rent amount while working... so I’m a...