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There is so much good info here and elsewhere! So much so that we are drowning in it and now paralyzed, not knowing which way to go.My partner and I just bought our first property. It's a condotel mostly for our enjo...
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Hi all!In my readings regarding entities, I'm curious if there are any issues that can occur while transferring a property that is in your personal name into an entity. More specifically, if you have financed a rental...
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I have a peculiar situation. Me and my husband have a trust and so far we have put all our assets including homes under this trust. We have a property outside this trust that is only on my husband's name (we couldn't...
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Its seems to me that the main benifit of using a simple land trust to hold title to your properties is that it will hide the owners anme form public record. This is nice, but it seems pointless for mortgaged propertie...
So I’m in unfamiliar territory here in regards to an inheritance, so I figured who better to ask than the experts here. Here’s my situation:Unfortunately my father passed away a few weeks ago, and my sister and I are ...
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Guys... anyone could explain to me how the trustee guy is buying all his properties? There is this title company that is owned by Mr X and he is the trustee and also investor. Isn't there a conflict of interest that h...
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Hi everyone,I am about to go into contract on a 5 unit property with a family member who is a "disqualified person." Now as I understand it's ok to partner with a disqualified person but not to loan money to or from ...
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I have a friend with a few properties who bought in his name with an umbrella policy. Now wants to transfer to an LLC. Mortgages are with Chase and US Bank, and they are giving him the run around. Is there a way to do...
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Hi all,
I'm looking to purchase a small apartment building and was wonder if I should create a new entity to deed it into or should I simply use an existing one? I currently own a couple single family homes ...
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I found myself a few blocks from my courthouse (or more accurately, our public research room) a few days ago, and decided that since I'm trying to confront my fears, my inexperience, and do something (anything), I wan...