Nick Bourgeois
LLC Deed Transfer - Due at Sale Concern
Hey everyone! Hope y'all are getting geared up for the holiday weekend.My partner and I continue to come to the same hurdle... deed transfer to a series LLC. We've spoken to numerous lenders across DFW, and every sing...
Sam Mathew
Legal - LLC vs Trust vs Personal Umbrella Coverage
Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
Nooshin Detches
Underwriter Lender Rules for Partnerships
Hi everyone, Our LLC owns a single-family property in Southern California which was purchased for all cash a few years ago. We have had great tenants in the property since March. We want to refinance this property and...
Andy Bauman
Tax treatment of gain on lease options
Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
Bruce Crawford
Protecting your assets for non-US citizen spouse
I am trying to learn the best way to protect assets in the US when I die. My wife is Japanese (we live in Tokyo) and I want to be sure she will inherit all assets in the US. Any suggestions on the best way to do this?...
Chris Pohlson
Turning your primary residence into a rental
Does anyone have any advice on how to turn their primary residence into a rental when upgrading to a new home? I want to keep my first house as a rental but transfer the title to an LLC. I understand that will activ...
Handel Carter
How to get the most out of Quit Claim Deeds
New investor here. Would very much appreciate any advice on how to go about getting the most out of quit claim deeds. My mother currently has two properties. Her own and a rental. She doesn't want anything in her name...
Dave Jones
Legality of wholesaling in FL
I had a couple quick questions that I was looking for some answers on.1) can you wholesale in FL without a RE license using techniques like assignment contracts and double closings 2) has anyone uses Cody Sperders Cle...
Account Closed
Novice- Trying to get started in wholesaling
Hi Everyone! I am a newbie in the real estate business, I am in college but I have always been interested in Real Estate. I want to start off with Wholesaling as I have read that is usually where people begin. I have ...
Luke Saglimbeni
How many properties per llc
How many properties in each LLC do you hold. One per llc? Or more? Can tenants sue funds from other properties in llc?