Galen Miller
Buying an LLC that owns real estate
I'm under contract to purchase an apartment building in Ohio. I have the option to purchase the real estate or to form an LLC, transfer the property into it and purchase the newly formed LLC that owns the real estate....
Steve Hedenquist
How to find Real Estate attorney in Atlanta?
I need to locate a good RE attorney in Atlanta and prefer to build relationship with one versus multiple. Is it practical or even logical that one attorney serves multiple functions or is the norm one attorney for on...
Patrick Irish
1031 and Sec 121 Experts - want to sell rental but tax worried.
I have a townhouse in the Bay Area norcal. Bought 12 years ago. Been renting it out 3 years as of March 2024.Recent townhouse sold for $980k in my development in 6 days, $150k over asking (2/2, 2 car garage 980sqft). ...
Bryan Zayac
Why not Construction Mortgage for Investment Properties?
Last year I bought my first home using a Future Value of Appraised Home - a construction mortgage.It was a 5 BR/1.5B on 0.4 acres (big lot for the area), in the Scranton, PA area that was quite dated and needed a lot ...
Chris King
Do you have experience using a private money lender for foreclosure auctions?
I am wanting to purchase properties to flip at foreclosure auctions in my area. I have spoken to PML that fund flips and they aren’t sure how to lend for auctions. The issue is funds are due immediately after winning ...
Leo R Arias
General Contractor Negligence or normal?
Hello, Bought my first home in Chicago and it was/is a rehab. Went with a contractor who is a friend of a friend and this is my first time doing a rehab. This will be my primary residence. It is a 2 unit RS-3 that I c...
Denny Wu
3 Family Home with 6 owners: Tax consequences for LLC transfer
My parents own their primary with my two uncles and they each occupy a floor. They're starting to think more about transferring the home into an LLC with 6 members (husband and wife x 3). What is the best way to acc...
Anurag D.
Adding toddler children to investment property title - CA
> Context: Recent CA change - investment properties would be based on current market value, once child inherits the property.
> Query:
1. Could infant/toddler children be added to purchased property that is to...
Brandon P.
Iowa. Davenport- Tenant Eviction - non paying tenant
Hi,
I have a non paying tenant in Iowa,
They are on the a month to month inherited tenant. I have not released the tenant. We have just been going off the previous tenants lease
What is the process? Do I post a ...
Cliff T.
Evicting Roommate on Month-to-Month lease (house hacking)
Hello,Tenant is on a month-to-month, written lease.I have informed tenant with appropriate notice that their lease is up at the end of the month. I have no reason to expect the tenant to be out or have their property ...