Won Lee
Transferring Personal Rentals Properties Into LLC???
I recently bought two properties in my ow name. While I have a LLC I didn't buy in LLC as I wanted to get personal loan rather than commercial.
I'd it easy to transfer properties into the LLC?. Is a RE lawyer necessa...
Joe Boggin
how to transfer property to LLC?
i have two properties and im trying to purchase my third property. they were all purchased under my name. no mortgage. i think its about time i get an LLC. if i wanted to transfer the property from my name into th...
Zhenyang Jin
Turbotax: City Transfer Tax when depreciation
Hi Real Estate Veteran,I am using turbotax to calculate depreciable basis for my rental property. After evaluating my situation, I need to add the cost of City Transfer Tax into depreciable basis. However, I don't kn...
Kelly Chopin
1031/Quitclaim to LLC Transfer Tax
Hi,
I have a property I own personally and am 1031ing into a commercial property in FL. If I close on the new commercial property personally, can I then turn around and quitclaim it to a pass through LLC (still owne...
Pete Harper
Tax Implications of CA Title Transfer
I have a tax question. I own vacant land in CA and would like to transfer title to my TX LLC. Would CA consider this a taxable event?My long term plan is to sell the land in CA and do a 1031 exchange into property in...
Scott Titus
HUD Transfer of Physical Assets help
I am under contract on a property that currently has a HUD HAP contract and has since the '80's. The seller is the original owner and has no HUD backed loan on the property, in fact they have no loan at all. I was t...
Benjamin Rodriguez
Refinancing and transferring title to LLC
Hi Everyone,I'm in the process of trying to refinance on my four unit building from my current 30 yr FHA loan to a 30 yr fixed conventional. I initially began the refinance under my name with a local bank who is a por...
Garrett Richardson
Intra-Family Property Transfer in California
My mother-in-law owns her home in Northern California. The location is pretty incredible and the area has appreciated 80% in the last 10 years. She has never attempted to rent out a property and wants to sell but woul...
Joeski Trotter
Question: Transferring leases into my name
Hello Bigger Pockets community,
We are new to this community and look forward to advice and eventually contributing. For now, we are looking for information. My partner and I recently purchases our first 4-plex. W...
Rachel Campagnolo
Title transfer rules in 1031 exchange
We are selling a CA investment property (single family) this summer, and plan to do a 1031 exchange into several other like investment properties. Question is, if the title is in an LLC in CA, what happens to that L...