Eric Stets
"Sale" of the property from personal to LLC
Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
Mark Brennan
Transferring Rental Property from Personal Name to LLC
I know that if I transfer a rental property into an LLC from my name, the lender can use the due on sale clause and call back the loan. I have a friend who told me she's never heard of this actually happening, and sh...
Shiloh Lundahl
Property Manager Vs. Personal Assistant - Which is Better?
I recently read a post touting how using a property manager is better than managing ones own properties based on a property managers skill level and experience. But I am of the belief that once an investor gets to a c...
Jennifer Quigley
HUD property contract with company or personal name?
Hi everyone! I'm considering purchasing a HUD property as a rental. Unfortunately, I only have an SCorp at this point, which I've used for investments turning around in less than a year. What should I put on the co...
Bill Jessa
Transferring rental property from LLC TO Personal name
My brother and I own several units in a LLC. It is a two member LLC....One of the unit owned by the LLC, my brother wanted to take over personally for his personal use. We would transfer the unit through a quit claim ...
Ed Moran
Property Manager and Tax person in Central MA
Hello everyone -I’m looking at references for a property manager and a CPA that you have used in Central MA. Any words of wisdom on selecting the right PM also appreciated. Thank you. Ed
Jason L.
Consequences of Transferring Property from LLC to Personal?
I am looking into refinancing one of my rental properties, which I own under an LLC. The lender requires that I move the deed into my personal name in order to get approved. Some questions I have as a result of this:1...
Michael Barbari
Cash out refi investment property for personal use?
I just purchased a duplex in April : appraised for 221k - purchase price of 190k. I need money to purchase a home for my growing family next year around this time. Should I do a cash out refi for personal use or stick...
Jimmy Suszynski
LLC vs. Personal for cash-flowing BRRRR properties
Hello everyone!I recently found a local portfolio lender that fits perfectly into the types of BRRRR properties I want to acquire. They are cheaper (<$100k), single-story, SFHs built in the 50's/60's. They are cash...
Mia LeTendre
Rental property or personal home: which comes first?
Hello folks,I’m a first time buyer looking for a little guidance. My best friend and I are planning on buying a multi family together to use as a rental property. We are each, separately looking to buy our own homes. ...