Josh Copeland
Accounting on Property Transferred to LLC
I intended on transferring a property in my name to my LLC. I've done this before with a free and clear property but for the one I plan to transfer I have a note.Since the LLC will be paying a note that is in my name,...
Chang Hee Lee
What to do with transferred leases?
Hey BP,Been a crazy few months... started a house flip at the beginning of summer and ran into some complications there and quite a few real estate deals that seemed to drag on forever. Now, I started managing a prope...
Jessie Griffin
Transferring Deed to Business After Purchase
Howdy - We just purchased our first short-term rental that is in mine and my wife's names. We will be collecting tax and reporting it each month. We want to run everything through our business and found out the govern...
Jeremy Smith
Transferring Ownership of Family Owned Properties
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...
Andrew Yu
Have Trouble Transfer Burglar Alarm Account
So I signed Lease Option with this homeowner, but she still owes two payments for the burglar alarm company. I'm trying to get her to talk to the company but she's not very cooperative. Her phone doesn't work well eit...
Jordan B.
Security Deposit transfer with inherited tenants??
Hello BP!I am curious to how the security deposit gets transferred when inheriting a tenant. Does the previous landlord give me the security deposit to hold at closing? Does the previous landlord give the tenant back...
Sarah Antonelli
Homeaway/VRBO suggestions on transferring reservations
I'm about to purchase a new cabin for short term rentals. Part of the deal is getting the $9000 worth of existing reservations that exist through the end of 2018. Airbnb has a wonderful solution to co-managing this pr...
Rob Rogers
Transferring Rental to LLC; Capital Gains?
My wife and I are planning to transfer a few personally-owned rental properties to LLCs. How are capital gains handled during the transfer? Are there any other issues to consider?
Andrew Acuna
Transfer out of FHA with LLC
Okay, here's the deal. Two years ago, I bought a 4plex using an FHA loan and have and continue to occupy one of the four units. I love it, but I want to do it again and get out of this FHA so I can get another one... ...
Terry Royce
Paying Transfer Taxes on a Wholesale
I was talking with a friend who works at a title company here in MD. I was asking him about assignment contracts and he said that alot of companies don't do them because it can get THEM in trouble. His reasoning was t...