Mark G.
Transfer Home Tax Basis from Parent to Child - California Prop 58
Does anyone have experience with parent to child real estate transfers in CA? I understand there is a mechanism that allows a child to buy a home from their parents and retain the original real estate tax basis under ...
Dave Newgass
Transfer on Death Deed and 502 Form
Hello,I recently inherited a house when my Step Dad passed away four months ago. In case it matters, the property is located in San Luis Obispo County. He did a Transfer on Death Deed so all we need to do now is com...
Caroline Davis
Huntsville Ranks Among the Best Cities for Working Parents
https://huntsvillebusinessjour...Huntsville Ranks Among the Best Cities for Working Parents
February 20, 2023/in Community Development, Economy, Featured, Lead, News, People, Resource, Small Business, Success, Workfo...
Angelina Arbisi
Principal Residence as Investment Property?
Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
Jean-Marie Poth
Financing my son's first house purchase
I am looking for advice on how to help my son get into his first house hack. There is a two family unit that he can make payments on, but at 18 cannot get approved for a loan. Has anyone done some creative financing...
Jake S.
LLC -> Parent LLC -> Trust
Is it worth it to have each business/rental LLC be owned by a parent LLC and then a Trust?Just trying to determine the pros/cons and the necessity of it all? Im assuming an Attorney could easily transfer my LLCs owner...
AJ Smith
Series LLC Question / Outline
I have been reading as much as I can on series LLCs and was looking for some clarity around them. For context, I own a handful of rental properties and also work a W2 job. I am thinking a Delaware series LLC would be ...
Miriam Velazquez
California Prop 19 and primary residency length of time
Hello everyone. My husband's mom wants to transfer her house in California to him. With Prop 19, this will trigger a re-evaluation of the property unless my husband makes the property his primary residence. We are wil...
Sam Lee
Business Structure Question: LLC? S-Corp?
Hello everyone,
My wife and I are finalizing our HELOC, and we intend to start our rental property investing journey this year. I’ve been doing a lot of reading, both internet posts and books, and I’m trying to figu...
Darrell Brand
Capital Gains Question
Scenario: Parent and child co-own a non-rental property. Parent lives in property, child is silent investor living elsewhere. At sale of property, a $300K profit is realized.
Question: Is full $250K cap gains exempt...