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Can you Quitclaim deed a property from one LLC to another In Nevada? (or most states ) If so what is the best way to handle the tax implication? What interest or taxes would i have to pay for something like that ?
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I talk to sellers with the intention of putting together a lease option agreement where they pick the price, and they pick the rent, and I simply assign my interest and collect an assignment fee. The problem is that m...
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What is your experience and heads up on doing this?
Do we sell the SFH to our own SMLLC , if so do we sell for county/city appraised value on their records? or market value?
or do we just submit the transfer documen...
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To determine depreciation for federal tax filing do you apply the original price of the house or the current market value?
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I need to conduct an interview with a real estate agent or loan officer for one of my online classes, so I'm hoping one of you could help me out.
The six questions are:
1) How long have you been in the business?
2)...
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As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
Does anyone know of a good example to use to write up an addendum to a contract? I need to write an addendum basically just to state that an occupancy agreement will be done at closing but the original contract states...
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View report*This link comes directly from our calculators, based on information input by the member who posted.I realized I qualify for the 3.5% down payments and that changes the numbers considerably...
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Wondering if when you are bidding on a property to flip what type of consideration should you give to the current tax value and how much you are willing to pay? I know the 70% rule and then subtract rehab costs, but h...
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Advice please!:
My husband and I have a primary residence valued at around 550k with 221k owed @ 3.875%, around 25 years left on the loan. We also have a 100k heloc, with 20k currently used & a 20k HVAC loan tied...