Is the New York City transfer tax a progressive tax? This is from the NYC website for a 'typical' SFR transfer (Link to NYC Website): If the value is $500,000 or less, the rate is 1% of the price.
If the value is more...
Hello, is there a good way to transfer a property that I own from myself (title in my name) to an LLC. I understand the umbrella policy and having insurance as another option. However, I wanted to transfer this proper...
Hi BP Community ,I have purchased a property in PA as individual ownership. I am looking to transfer it to an LLC through quit claim deed. My bank is OK as long as the owner of the LLC and and property match 100%.does...
Hi guys,Will you please be so kind and help me out. I am trying to refinance a property in PA and was just wondering if there was any hidden fees or any transfer taxes, or other kind of taxes? My property is in an LLC...
I just received a message from the Rhode Island Association of Realtors that said:"The real estate conveyance tax that is paid at closing by sellers of homes and other real estate will increase by 15% on July 1, 2014 ...
Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...
So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Hello BP community,If we quit claim a personal property into an LLC, are there any transfer taxes? We are based out of Georgia. From what I read online, if there is no cash exchanged, then there is only a $10 registra...