James Taylor
Updates on Property Taxes in New York city
Ok, so a couple of friends asked me to copy and paste here what I uploaded in my LinkedIn, instead of providing the link so here it goes....
New York Mansion Tax UPDATEPublished on April 9, 2021Taxes in NYC could...
Jerome Joseph Gainer Jr
Should I put my rental properties under an LLC?
I own a property in Miami Beach that I rent out short term and a property in Austin that I rent out long term both with mortgages. In addition to those, I manage my Mother in Laws long term rental in San Antonio whic...
Austin Shandley
Refinancing property in LLC
I currently have a rental property I am wanting to refinance out of a variable 6.25% interest rate. Just got off the phone with my regular lender and was told this was not possible because it is in my LLC. Has anyone...
Jesse Shields
Canadian Corporate Structure - How to setup a corporation for B&H Rentals?
Hey All,I've perused through the Canadian section and there doesn't seem to be a great deal of info on this topic. I'm looking for some information on how one can go about purchasing a rental home in Canada under a co...
Sainath Muntha
What banking products do you use to manage multiple accounts within your portfolio?
Hello Investors!
I am looking for advice and your experiences on which bank you use for your real estate investments?
Here is my situation:
I open an LLC for each of my investment properties and for each LLC I need...
Piyush Pathak
Transferring Title to LLC
Hi All,We are a new investors and recently bought our first property. The title is in the name of 3 partners right now. We have formed an LLC and would like to transfer the title to the LLC. Can someone please define ...
David Moore
Business Lines of Credit
I have found having my LLC have a US Bank Edge account to be an invaluable tool for financial flexibility. US Bank started my line at a generous number, and they keep sending me balance transfer checks, at 1.99 fee, ...
Slade S.
Should I close now, or later?
I have a duplex under contract for 130k. The closing date is Jan 19th but it just came up that the HUD tenants that were supposed to vacate, are staying until their lease is up in March. Now the seller wants to push b...
Lee Carter
Loans, delayed financing, cash-out-refi in an LLC??
Do most investors buy property in their name to qualify for financing then transfer the title after the fact to their LLC ignoring the due on sale? Or do most investors use commercial loans?
I’m being told from a br...
Mitrah Rasti
Title Change withOUT Home Sale or Refi Possible in TX???
I am in a situation with a co-owner of a residential property just outside of Houston whereby my co-owner has decided she wants out of the arrangement. We purchased the home over 3 years ago with the intention of sta...