Laura LaFrenier
Transfer Rental Property to LLC?
Hello everyone. I'm sure this question has been asked before, so I apologize. I just purchased my first rental property on Dec. 29th. In order to do this, I took out a HELOC on my primary residence. My plan is to appl...
Mike Kalob
Avoiding Transfer Taxes into LLC
Anyone successful moving a property from their personal name to single-member LLC without paying the Realty Transfer Tax? I prefer using a Warranty Deed vs Quitclaim based on previous posts here.Here's a case (https:...
Cody Wilson
Transfer Investment Property to SDIRA
I own an investment property outright and I am curious if it is possible to transfer deed from my name to the SDIRA account I would set up? Would I be able to sell it to my SDIRA or would the deed just transfer with s...
Fantasia Bowser
How does transfer tax work ?
I have a property I'm getting ready to put under contract to wholesale. The seller contacted me today to ask if he has to pay for transfer tax since he lives in NY but the property is in NJ. Does anyone know if normal...
Tae C.
Transferring from LLC to personal
Hello all,It took looking into my first real potential brrrr property in detail (under contract now, deciding between flipping or brrrr) to finally realize this dilemma, and would love your input. Basically, I am purc...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Jim Peret
Title transfer and land contract
I bought a house on land contract. It's now paid off. I got some paperwork from the seller but never did a title transfer. I've have some real insurance issues with this property. I finally found someone to insure i...
Daniel Wheeler
Land trust vs. interfamilial transfer
Thoughts on transferring land to kids and grandkids via an interfamilial transfer vs a land trust? For estate planning purposes.
From what I can tell an interfamilial transfer is not a tax triggering event. A land tr...
Dominique Collins
Transferring deed to family members
Hi BP,So my grandparents have a property in New York that is going to be passed down to me when they pass away. Seeing how real estate has recently peaked my interest, my grandparents have no issue with me taking over...
Dustin Verley
1% Increase In Transfer Tax
With the upcoming increase in the transfer tax in the State of Delaware, I'm looking to hear how this could influence investors current investing strategy. Granted when you think about it, this is only $1 more per $10...