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I understand how passing property to heirs at stepped up basis works....My question is...is there a limit to how much property the heirs can receive at the stepped up basis? And we’re talking $20m+ in property for ref...
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let's say you made a verbal offer to sell a house at $100,000 with one of your reliable buyers. Then another guy comes along and offers you $105,000 for the same property. on one hand your reputation is on the line, o...
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So, I've come across something I hadn't contemplated. I have someone that is interested in a vacant unit I have that meets the minimum income, seems to meet the minimum credit score, but robbed a bank 5 years ago, ser...
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We just moved to take care of my elderly parents. We now have our old home for a rental. Currently my nephew is living in it, and it's not ready for "real" renters yet. But, I am finding I have such an emotional attac...
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I could use some advice on this topic.
I have a reputable Hard lender set up and ready for a flip, but have recently been emailing me back and forth with a person that claims to be a private investor who has offere...
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Does anyone have experience using U.S. Deeds to transfer a property from your personal name to and LLC? I would be requesting a warranty deed. Also open to other recommendations on how to get it down. Anything else ...
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Hi - I was just curious if anyone has used backflip as a hard money lender? From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought ...
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For single home property fix & flip what is the best source of funding?
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Hi guys, so after I deeded a rental house into an LLC, lets say the LLC's name is "ABC LLC " .... So now the insurance should be in the LLC's name?
On the insurance policy it should say that the insured is "ABC LLC"...
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So my situation is I just started Door Dashing full time this year in January. Which means I can't get any of your standard refinance loans because I get a 1099 as a basic business owner and I don't have enough time i...