Jay Charles
Placing House back into LLC
Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
Account Closed
Trust and Wholesaling?
Okay so I understand how it works with using a trust to wholesale, but my question is. Am I selling the property or am I selling the trust? There is a big difference in my opinion. Any one have a very clear cut case o...
Shawn D Augusti
Can I do a quitclaim deed or Warranty Deed on the same day of closing?
My wife and I are closing on a rental property on Thursday through a conventional Fannie/Freedie Mae loan. My questions is can i request from the closing attorney to also prepare/have quitclaim or Warranty Deed on-han...
Lauren Rose
"Title issues" on an REO
Hello,I put an offer in on a Chase bank owned foreclosure 2 weeks ago (the first day that they would accept offers). We were supposed to hear back within 48-72 hours, but we didn't. We kept our offer in and our realto...
J Campbell
Best way for my mom to transfer her house to me
Not sure what fortum to post this is so just dropping it here....just had the wonderful (sarcasm) discussion of how my elderly mom can best pass her house to her children when she passes. :(so im looking for info to...
Gilbert Flores
Should I?
I am considering buying rental properties, however I would like to keep going to school. Within the next year I should be able to transfer out to a university where I'll hopefully get into a Nursing program. Will buyi...
Jane George
Question about a Deed of Transfer
If a person (not an investor) paid off someone else's mortgage (cash) to buy a property outright, is a transfer of deed for the property all that is needed? I'm in Texas. It looks on the surface to be that easy. ...
Jesse Li
Tax question
I have a condo I transferred from my own name to my own LLC. I was renting it out before and still rent it out now. There was no money changing hand, only the owner name changed.Does anyone know how to deal with it re...
Mina George
Transfer Ownership of an LLC from one person to another
Is there any tax to transfer an LLC from one person to another? The LLC is formed in NY and it has a commercial real estate property.
Cara Lonsdale
Unlimited Marital Deduction Question
Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married. Spouses file taxes jointly. Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...