Hello BP,I am about to move to another state where I will be buying another house. I would like to transfer my current primary residence to a LLC and rent it out. I currently have a mortgage on the property and do not...
Hello, I am going to start landlord business in BC.How do you choose your good tenants, and what method do you use for rent collection? Does anyone use background check services and/or online payment (other than e-mai...
There were changes made to this issue w/in the last couple years. They concern being able to transfer a title into an LLC w/out the due on sale clause being enabled to be exercised by the lender.
My hardmoney lender told me placing the hardmoney loan in my personal name, refinancing with the bank, and then transferring title to my llc is the best way to go about a brrrr in Texas, as it allows more exit atrateg...
"....If you buy a property and transfer ownership to your LLC, you might have some issues when you go to refinance. Fannie and Freddie will only buy or guarantee loans that are issued to a person, not a business entit...
As ever, the definitive answer is, it depends. In some cases, the stars align. In others, not. Regardless, you need to know The Good, The Bad, and The Ugly:The Good:Review your employer's Summary Plan Document (SPD) o...
What would you say is the best way to transfer large sums of money from another country to the US?I hear there are companies that offer this specific service..? Could you name a few? How was your experience if you hav...
Anyone use their service to set up an AZ limited partnership to protect your investments? I’m very intrigued by the service and how detailed the protection strategy is. Curious as to what anyone else’s experienc...
My Sister and I bought rental property on April 2020, and it listed and rented start on July 2020. On June 2022, we established LLC and transferred title from our personal name into LLC.1. Do we need to split the dep...
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