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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...
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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...
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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...
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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...
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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...
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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?
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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?
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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...