Anthony Wick
Hey CPA person, can I sell my duplex to my LLC?
I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...
Connie Cao
# Mortgage and tax question
My spouse and exchange 1 property from CA for 10 properties SFR in another state. Because it's require both our name on new loans from previous sell, we are not stuck at 10 loans. We plan to use some cash and paid of...
Kyle Wenger
Subject 2 an existing HELOC
Hi everyone,
What are some things to worry about in a sub 2 deal where one would take over the existing HELOC? What would trigger the due on sale clause and how could one protect themselves from that? Has anyone eve...
Misty Monk
Landlord Insurance Recommendations
I am buying my first rental property and looking at just getting an insurance policy versus setting up an llc. Once I can figure out how to move the mortgage to my LLC without triggering the due on sale clause i will...
Julia Dugger
DC Certificate of Occupancy
I recently purchased a property built in 1929 that was built as a single family but was separated into two units and the previous owners -- a mother and daughter -- resided in the house in the separate units for 60 ye...
Chris Stonestreet
First Real Estate Investment after 3 years of paralysis analysis
I just wanted to share my first real estate investment deal with the community in hopes of inspiring someone else who is waiting to pull the trigger. I purchased a SFH in Newnan, GA (suburb of Atlanta) after 3 years o...
William Yen
Hello BP from Hoboken, NJ but soon to be SF Bay Area!
Hi BP Members!I signed up over the summer and read the ABCs of Real Estate Investing and Rich Dad Poor Dad, but never really pulled the trigger on any properties. I came close on a property on Roof stock, but didn't w...
Anthony Wick
Sell my personal duplex to my LLC with partners?
So, I own a duplex in my name only. I also own other rentals in my LLC with two unrelated partners. What does it take to “fold” (sell?) my individual duplex into the LLC? Partners pay me 2/3 of equity and we do quit c...
Phil Contreras
Transferring Personal Property to LLC
Good day,We have a property in Connecticut that is fully paid off. We are currently renting it under our personal name but would like to know how we can transfer the property into a LLC.The main question though is, if...
Najeh Davenport
Section 8 property do i or dont i renovate
question I had is I got estimate to do a $30,000 renovation on the section 8 property. (new flooring, new kitchen remodel, new bathroom remodels. )I’m trying to decide. Should I pull the trigger or just clean up the ...