Hey everyone, Im Tim from New York City. Ive owned my first rental property in PA for 1 year now and would like to transfer it to my LLC. What would be the gains and losses from this and who would I talk to about do...
Hello can someone thoroughly walk me through the process of how to transfer llc membership rights? I've made an llc and it has the property under contract. Where or how do I go about transferring/selling the membershi...
What's the best way to transfer a property i fully own (no mortgage) into FL multimember LLC? Quit claim deed or warranty deed? Are there drawbacks to one over the other, is there even difference at all in my case?
How do I go about doing this in the state of KY? My CPA suggested it so that it would be easier to split tax implications between my partner and I on a home were are flipping. Obviously my first go at this, online t...
Hey all, I'm looking to do a Quit Claim Deed to transfer my SFR to my newly created LLC. I bought that home with a VA loan back when it was my primary residence in 2015. I lived in it for 3 years, then was sent to a...
Hello All,Recently transferred my Condo title from my name to my LLC(sole owner).This triggered a tax reassessment, which I was not expecting and a loss of homestead exemption, which I was expecting. Is it possible to...
When taking over a lease from a tenant(s) on an investment purchase, what does that procedure look like? Is a new lease drafted or an addendum to the current lease etc.? Thanks in advance
Is it possible to transfer title of my parents current home into mine and my two brothers names, sell home, then take profit to put a down payment on a 125k home and get mortgage and title in all three of our names? ...
Hi Everyone, I've been receiving conflicting messages about this even from legal advisors and I wanted to check if anybody had an experience in this I recently purchased a property in Florida under my name and the mor...
Hey everyone, I was listening to the recent podcast episode with Pace Morby on creative financing and he mentioned something I had never heard of before. It was about getting an insurance policy to protect you in case...