David Sanford
Seller financed or loan transfer
I have a friend who recently moved and is having trouble selling their old house. They owe about $70k and the house is only worth about $80k. Is there a way i can take over their mortgage without having to do a down p...
James Masotti
Paying contractors via wire transfer
My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes t...
Kyle Johnson
Transferring property to an LLC
Hey All,
I was curious if anyone knew the process of transferring a property that's under your name to an LLC. I read online that I can do this using a quitclaim deed, but I wanted to make sure I do this correct...
Margarita Reyes
Transfer to llc, inheriting tenants
My husband and I are just purchasing our first rental property - a 2 family home in connecticut. We are inheriting 2 tenants, 1 of whom is on section 8. My husband, who is a realtor, will be managing this property. - ...
Daniel Dawson
Purchase transfer on death deed
Looking for options similar to a transfer on death deed. Is there a better option to be able to purchase a particular lot of land now but not transferable until death of the current owner? Thanks! Danny
William Mogck
VA Loan Transfer to LLC
Good afternoon all,
Looking to transfer the title of my personally owned VA loan to my LLC, using the house equity as collateral and securing a business line of credit as the LLC has no current revenue/product. Let m...
Kyle Soderman
Transfer utilities in tenants name
I am wondering how you go about transferring the utilities into your tenants name. I know for electricity there is a form you fill out and send to the company. Is water and heat the same?Do you have the residents set ...
Ivan Palagniuk
Transferring property into LLC name
Hello people,I have a question about transferring my properties into LLC name, which I establish way before I go them.I was calling up my banks today to ask them the permission to transfer the properties to LLC name i
Nick Maugeri
Property Taxes In California - Transfer
I'm not a CPA, but a big kickback from sellers that have a ton of equity is they do not want (rightfully so) their property taxes to increase when they trade their home. The average % for CA is 1.25% of the purchase p...
Kevin Trumbull
Are wire transfer fees deductible?
Are wire transfer fees that were incurred with wiring earnest money and final down payment/closing costs to the escrow company deductible on my tax return? If so, what category would that fall under on the Schedule E?