Hypothetically - this is in Virginia but most states adopted the federal laws Owner - Grandparent Heir - GrandchildParents - NOT involvedRent collection after death - FriendProperty guardian - assigned If rental pro...
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Hey all, Im looking for a suggestion on who everyone is using for a cpa and real estate lawyer. I need help setting up my business and moving my rentals into a trust and opening LLC for them (I think) if that is the b...
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I am going to take over my parents California home mortgage after they refinance to buy a home in Utah. They are looking in to adding me to the title of their home in San Jose, CA (both their names would stay). We pla...
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Hi so I’m living and learning, while sitting in the lawyers office for closing I asked if any taxes were owed and the representative for the seller said “Well they’ll be paid now” and held up the check. Now I received...
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I found some good legal advice for contracts, documents, consultation it really helps for me getting my deals together and making sure I stay in the guidelines of real estate
www.prepaidlegal.com
[edited by administ...
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Hello BP member!
I issued a secure note to a LLC of a sole member, he unfortunately died this week. The note is backed up by a property and is a commercial note due to mature on October 18, 2020.
I'm not expecting...
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Hi Everyone,
I asked a similar question to this the other day, but didn’t get any response so let me try and clarify it a bit.
My girlfriend and I are interested in starting a real estate investment company to buy r...
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Originally planned to use tranditional IRA and HSA together to buy SFR and work under one LLC. Legal person said can't put those two under one LLC and the tax will be very complicated. Lawyer suggested to have two LLC...
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Hey Friends! (Yes we are friends)I have a price quote in my inbox that I am very interested in; however the property is owned by an attorney.I hesitate to touch this; however this appears to be a nice property.Thought...
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If the property has both mortgage lien and the federal tax lien, will it follow the " first in time, first in line" rule? Currently is the mortgage lender foreclose on the property, just like to make sure the federal ...