Brian Hinkle
Merger of Entities
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Jeffrey Richard
Transferring property from LLC to S-Corp
If I am transferring 2 properties from a co-owned LLC to a personally owned S-corp, do I have to pay any taxes on that transfer?
Antonio Bodley
How risky is using balance transfer checks from business credit card as a source?
How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...
Chris Wunder
Starting from Scratch. Need Help
I have recently formed my LLC through ZenBusiness and will be transferring the deed from myself to the LLC (still personally guaranteeing the note, and there is no due on sale clause). I have opened a bank account, w...
Kyle Kulhanek
Retitling a property to an LLC - Chicago
Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...
Bryan L.
Transferring funds between your businesses?
I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
Lynne Gregorio
Asset protection with LLC and Land trusts
Hi, I am trying to set up asset protection for my rental properties. My head is spinning trying to figure out who needs to be Trustee, Beneficiary, Grantor, Member, Manager for these trusts. I am hoping someone here ...
Jason Turo
Rental operations under an entity (LLC, etc)
Would you share your knowledge and examples of operating rental properties under a business entity (LLC), compared to owning them personally? Please address within the following topics and any others you feel appropr...
Kinju Dudhia
Transferring rental properties to LLC
I have bought 2 rental properties in Michigan with 3 other partners. We formed LLC using zen business online. I am trying to transfer the deeds of the properties to the LLC with help of a lawyer. He wants me to get an...
Daniel Wrentz
Due on Sale Clause and LLC
Hi BP,I am concerned about triggering the Due on Sale clause with seller financing for a buyer (a wraparound loan).If I setup a financed property in an sub-LLC, could I bring the buyer on as a partner and set up a con...