Kimiko Jimenez
Transferring ownership to an s corp
Hi, if me and my partner bought a house to flip without forming an S Corp first and just put it under our names, what would be our problem? And is it possible to buy the property that we are planning to flip under our...
Paul Passafiume
Transferring from personal ownership to LLC
Investors,Please help me. I am buying a multiplex in Louisville, KY. My bank wants me to buy it in my personal name since this allows me to get better (secondary market) rates. I have a KY LLC. I prefer all my propert...
Jim Kalish
Accountant's Input Needed - Transferring Deed Ownership
Hi BP Family,I'm looking for advice from the accounting community. Here is the scenario:My son and I are 50/50 owners in an LLC.We own 5 residential properties with a total of 9 doorsWe account for all of the income ...
James Wierzba
Transfer partial ownership of a title?
Hi,I purchased a property with a partner. The deed was in both of our names. I transferred the title from myself to an LLC (via a warranty deed) because we want to own the property under an LLC for liability purposes....
David Nguyen
Transfer ownership of property after death
Hi! My dad has a house in the Philippines and I believe it has multiple properties on the land, each property owned by each of his siblings so he has one house on the land. I understand the rules are different per cou...
Horace Hayes
Ownership Transfer on a Reverse Mortgage
My grandmother has a reverse mortgage on her property and wants to transfer ownership so I can purchase from mortgage company if anything was to ever happen to her. Since she took out the loan the home has built quit...
Felicia Hamilton
Quit Claim Deed - Transfer of ownership
Quick question I'm hoping someone can answer for me. I have an elderly family member that would like to give me some real estate. She absolutely does not want to put this in her will for her personal reasons. She w...
Nicholas Utesch
Issues with transferring AirBnB Listing Ownership
Hello,
I was curious if anyone in this forum could provide feedback about an issue we're encountering with a 4 plex that we have done AirBnB on for around 5 years. I am a co-owner of the property (50/50) and my busi...
Robert Hughes
Rental Property Ownership Transfer to Children
My dad and his two brothers own a 2 family rental property in Rego Park Queens, (it is legally only in my uncle's name). They all now want to transfer ownership of this home to me and my cousins (there are 5 of us). ...
Jeffrey McKee
Existing Tennants Lease Transfer with New Ownership
Hey everyone. I recently purchased a duplex in Sherman Tx. I inherited tenants on one of the sides. First question. Does the existing lease transfer with new ownership? I have a copy of the current lease, but am ...