Rahul Jayaram
How to transfer your own home into an llc (while under mortgage)
Would like to ask if it’s possible to transfer a property still under mortgage over to an llc such that it can be rented out? What would be the general steps involved?
Adam P
1031 Exchange Suspended Passive Losses Carry Forward
If I complete a 1031 exchange, which involves selling a property with suspended passive losses from prior years, do these transfer to the new property and continue to carry forward until I have passive gains to offset...
Vivek R.
LLC for Multi Family Property
Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1) I am based in MA - Should I form LLC in RI or MA?2) Is forming LLC is a pr...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...
Kody Veit
Seller Financing Warnings!
I have found myself negotiating a seller financing deal. The property is in a great rental location however needs a fair amount of repairs, somewhere in the ballpark of $30-$40k. It is not currently live in ready and ...
Pono Wright
Anyone familiar with mineral rights???
Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...
Jay Hinrichs
FAKE lender E mail those seeking private money are targets
Dear Jay Hinrichs,
In terms of my loan criteria, Please find my terms listed below to help guide you through
I offer a wide range financing that involves the following and many more.
a) Personal loan (unsecured...
Mary Jay
1031 exchange-can you please help?
Hi guys,
I wanted to ask you if you have had any experience like that:
I have sold a property that was in an LLC. (one member LLC, I was filing the rental income from that rental on my personal taxes/managing it m...
Matthew T.
Who owns the property in a owner financing deal?
This question might have been answered before but who actually owns the property in a "owner financing" deal? The seller or the buyer? I mean when the buyer is making the monthly payments to the seller on the owner...
Shawn York
Disbursement from SDIRA
Hi-We have an inherited SDIRA which owns a property. (we converted it to a SDIRA upon death and the SDIRA purchased the property) Since it's inherited, we are required to take RMD's. We want to take a 20% ownership th...