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Four individuals and I are considering pooling our funds to acquire a multi-unit property. I'm trying to determine how to structure the deal to protect each individual owner's interests, minimize liability exposure, ...
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BP,
I have an interesting question regarding ownership percentage vs. profit allocation percentage within an LLC.
I want to have an operating agreement where party A owns 60% of the LLC and party B owns 40%. Addi...
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Philippine Property Ownership
• Foreign Ownership of Philippine Real Estate & Assets
A Foreign National can only own Philippine Real Estate through the purchase of Condominium Units or Townhouses constituted un...
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Husband and wife own home, free and clear, in both their names. Husband dies. I'm assuming wife must have deed changed to reflect ownership now in just her name, correct? What's the process and can this be done ele...
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Is it possible using an LLC structure for buy/hold where I purchase the property and retain 100% ownership of the LLC but have a partner member(s) that I spit profits with on a percentage basis? i.e. 50/50, etc.
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Apologies if this is a topic that has been covered or is more appropriate in a different section but I am looking for information about selling fractional ownership in rental properties. Most of the information I have...
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Is there a way to transfer ownership of a property out of an LLC that you own 50% into solely your name without paying any transfer taxes?
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My dad and his two brothers own a 2 family rental property in Rego Park Queens, (it is legally only in my uncle's name). They all now want to transfer ownership of this home to me and my cousins (there are 5 of us). ...
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Hello all,I’m in the process of doing taxes and my CPA is suggesting I split my income and expenses 50/50.I have a mortgage on a property with a relative (to help me qualify for the mortgage) and my relative is also o...
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Hi,
Just starting out and looking to invest in my first property - looking to keep the first one small 2-4 units, to get some experience in the day to day operations and other nuances of being a property ownership ...