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I've been researching a property and found on its tax bill the wording "FIFA TRANSFERRED/SOLD" for the years 2011-2014. Although the tax bill shows only $3,700 owed, the newspaper is showing that more is due. I'm usin...
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What is your experience in doing so for the following areas:
- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will a...
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What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will als...
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What is your experience and heads up on doing this?
Do we sell the SFH to our own SMLLC , if so do we sell for county/city appraised value on their records? or market value?
or do we just submit the transfer documen...
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I live in DC and want to rent out the house that I am living in today. It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee. Is there anything I can do to protect myself...
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Hi, my name is Brandon and I currently live and work in Grand Rapids, MI.To help explain my question I'll provide some background:I purchased my first property in early 2018 (single-family, 4 BR) with the intent of li...
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
hi - if i transfer an investment property i own to my 18 year son, can anyone advise on tax implications for me and him? he is a student with no income - i bought with cash
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I'm looking to expand my portfolio but trying to get the cash for the down payment (only have 1 SFR right now) Currently, I have a Roth IRA that's in mutual funds, sizeable enough for a down payment plus what I have i...
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Transferring FROM my LLC to my personal name in order to do a HELOC, what are the pros/cons. I plan on transferring it back into my LLC in about a year or so until we start building.