Hi There,Working on my first house flip and my partners have suggested that we hold our respective interests through a TIC, but not on title. Perhaps this is my ignorance showing, but is this common? I was told that t...
Hey everyone, I don’t currently solely own any property on my own. I’ve put money into multiple large multi family deals with friends and acquaintances. I’m looking for an app that can help me keep track of everything...
Hi,I purchased a property with a partner. The deed was in both of our names. I transferred the title from myself to an LLC (via a warranty deed) because we want to own the property under an LLC for liability purposes....
Hello- I have a partner that we found a investment vacation rental that we put an offer in. They already own a property, I do not. We eventually want to create a LLC. My partners suggested that to appeal to the selle...
if a property is in an individuals name and permits are pulled on the current owner then there is a transfer of property in to an llc Wholly owned by the same owner. Are the permits still valid and transferable in Ba...
I own a few long term rental properties. The titles are held by a sole proprietorship LLC for which I am a 100% owner. ( the LLC does not have a tax ID, i use my SSN)
My brother is investing with me now. He has pa...
Ok, I have a weird situation here and at the get go maybe it sounds like a bad idea.
99 percent of the time I wouldn't mix investments with family/friends but I have this situation I'm trying to deduce if it makes bo...
Hi CPAs familiar with 1031s, I have a question.My business partner and I may want to do a 1031 exchange on 2 real estate properties. Here is the scenario: 1. We're Selling a duplex for ~$115k from my partner and my jo...
Hello Everybody,first timer here!My wife and I live in Switzerland, and we're thinking about getting some properties in the US.How does it work for mortgages in this case?Is it an option we might consider or the first...
Hi! My dad has a house in the Philippines and I believe it has multiple properties on the land, each property owned by each of his siblings so he has one house on the land. I understand the rules are different per cou...