We live in Texas. Earlier this year we transferred commercial property out of our (husband and my) names and into a holding company's name. The existing building (dims or other specifics) were not specifically mentio...
Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properti...
Hi allFirst off, and as a disclaimer, I have zero experience in commercial real estate as it pertains to restaurants and businesses, which is what this question focuses on. So please bear with as my understanding may ...
hi - if i transfer an investment property i own to my 18 year son, can anyone advise on tax implications for me and him? he is a student with no income - i bought with cash
We are looking to submit an offer on a SFH held in a trust. One of the statements seller has said must be in our offer is the following:"Conveyance of this property shall be by TRUSTEE DEED subject to taxes, easement...
Hello,
My grandmother is selling me a piece of in Charlotte Country, FL. It is in her name but I want to transfer it to my name after I buy it from her. Can anyone tell me the process of how to go about this or lead ...
Hello,
I am new to the Bigger Pockets community. I was wondering if someone might be able to help me out with a question.
I am looking to buy in New York state and live in the property for one year before convertin...
Hi Everyone, My dad is buying a multi family property in South Carolina and our plan is to transfer it to my name after it is bought because he doesn't want more equity under his name. Anyone know what would be the ea...
Hi Everyone, My Uncle recently passed away and my Aunt told me about 2 small lots of land they have in El Paso TX. She told me I can have them, so I did some research and found out they haven't paid taxes on the prope...
We (spouse and self) are in the process of transferring the duplex into an LLC (we are members) with a quit claim deal. The only benefit AFAIK is that the LLC protects us from liability. There is no other benefit with...