I own a land contract property with balance left of $40K however my landlord said if I can pay $30K cash up front, the property can be mine, so I called my title company to ask as far as closing protocol on the hou...
Hey all,
I recently closed on a duplex in NJ and now I would like to transfer the property into my LLC. I'm wondering if there's anyway to avoid transfer tax when doing a quit claim on the deed. I personally own the ...
Any takers to help regarding this Canadian tax law question?I apologize in advance if posted in the wrong category..As American Citizens (non Canada residents) A couple owned a property in Vancouver.The husband died a...
I wish to change the name of a Limited Partnership that owns a number of my properties. By doing so, will I need to do title transfers on all the properties owned under the original name to the new name? In other word...
Hello,My father is seeking to transfer a paid off SFR rental property in Florida from his name to a newly formed LLC, under his and my mother's administration. I have researched that there is a transfer tax based on t...
HiMy partners and I are looking at an investment property that has a 4% xfer tax to be split by the buyer and seller. We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS clau...
I'm playing middleman between a seller and buyer. When do I pay it? Do I pay both of the double taxes? Can I use transactional funding for it? What should I know?
I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...
A relative of mine in the DC area is moving to bigger home, but the condo he currently owns (with a 30 year conventional mortgage) is in a gentrifying area that has a lot of upside. He doesn't have the capital to put ...