Hello BP, I just finished filing for my first real estate LLC and I had just had a question on how to transfer my property to my LLC.I own the property free and clear.I have never transferred a title or even owned a L...
My wife just Financed 8 properties and we want to transfer them back to the LLC's. I was wondering since a name change will trigger the due on sale clause, if do a quit claim to the DBA and make it Jane A Smith, the l...
Does anyone know the process for transferring properties in Baltimore. My father wants to help me achieve my goals and is willing to give me a rental property to start my portfolio with. I have purchased a Baltimore C...
Hello investors, this is my first post so I apologize in advance if anything about it is screwy...I have created and LLC and I am getting ready to transfer my sf properties. Four of them have a full payment 'due on sa...
I just found myself in an interesting situation. I made an offer on a portfolio of 4 Duplexes. I offered $190,000 and after a series of correspondences with the realtor, was told the seller owes about $205,000 and for...
Hi,
My brother and I are currently in the process of buying a house from my parents. It is a duplex located in the Cleveland Ohio area. My parents do not want to pay capital gains on the property at the moment but ar...
Hello everyone,I tried searching the forum for this answer but had no luck. I just got my first property under contract today and plan on BRRRRing it. I have my LLC already set up and am getting rates from two lende...
If you transfer your rental property to an LLC, do you notify your insurance company and have it changed to a commercial policy at that point?
Are wire transfer fees that were incurred with wiring earnest money and final down payment/closing costs to the escrow company deductible on my tax return? If so, what category would that fall under on the Schedule E?
My best friend is facing some serious assaults on his wallet from his wretched, bilious harridan of an ex-wife. It's some straight-up villainous stuff, no two ways about it. Anyway, he's got this place up in Arkansa...