Hi there!I have a question for Pennsylvania investors. I have been considering moving my PA rental properties into an LLC, but the county tells me there is a realty transfer tax of 2% to move the deed from my name in...
http://www.state.nj.us/treasury/taxation/pdf/ttdv1.pdfI was just looking over the ATTD form in advance to figure out how to fill it out once my house is sold. I have some questions:1. For #3 Cost after depreciation-I'...
I recently purchased a triplex in Louisville KY under my name and I'm trying to transfer it to my LLC's name. I submitted a quit claim deed to the county but they responded stating that I need a KRS Statue on Deed or ...
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC...
There is a new green modular company out of hemet, ca. S2A Modular Went thru their presentation yesterday. Just wanted to see if anyone else has looked into them. Supposedly they can build a custom or one of their pr...
Hi,I am currently an investor in the Philadelphia suburbs and I am trying to hone in on my next property. The problem is that in this area, real estate taxes vary widely and so does transfer tax. As I am close to and ...
I just bought a property in my own name. I wanted to buy it in the name of my business, but because I started the paperwork in my name (because my LLC wasn't finished at that time), I had to buy it in my name. The chi...
As a wholesaler, do I have to pay transfer tax in Texas? Or does the seller generally pay it? According to www.ncsl.org Texas pays zero transfer tax. Is that right?I have not done my first deal yet and wondering if I ...