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Father passed and left me properties- two of which were bought as a second home. I'll be renting/managing these as vacation rentals. As I now need to move these out of his name I'd like to put them in an LLC, but my ...
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Is the easiest way to protect a cosigner in case of your death a life insurance policy? Has anyone done this in the past? My sister is likely going to be co signing a 30y loan cash out refi for me and in the event I h...
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How would one use the Brrrr strategy inside a Trust?I own two houses inside a Self Directed IRA. They are owned free and clear. I want to build the portfolio using Brrrr.
We (3 siblings) bought a home for a little over $1M just before covid, now it's appreciated to $1.4M - $1.5M.
All 3 names are on home title. 2 siblings want to sell, one of the sibling is financially capable of buyin...
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Can someone advise on the process of adding parents on a title to a house after time of purchase? If I have a property and would like to put parents name on it, in the event of something happening to me, how does that...
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I received the recorders paper showing the recording of a SPECIAL WARRANTY DEED. One inaccuracy is a name AKA another name (ie, Mary Smith, AKA Mary Green, When it should have read (I think) Mary Green Smith, Smith b...
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I know just enough to be dangerous but not enough to not get myself into trouble. I have a lead on a place that the owner would consider some sort of alternate financing. He still owes about $250,000 on the property....
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I received a call today from the executor of a will of a landlord I was friendly with. He put I had first dibs to buy his buildings and we're meeting next week. The buildings are 100% paid off and have been kept up ...
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Hello,
I would like to have some feedback about the structure we are putting our rental properties into. We are thinking:
a) 1 Trust for each rental
b) Trust's Trustee: Disregarded LLCc) Trust's Beneficiary: Regu...
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Hi, I am trying to set up asset protection for my rental properties. My head is spinning trying to figure out who needs to be Trustee, Beneficiary, Grantor, Member, Manager for these trusts. I am hoping someone here ...