Troy Otte
Transfer ownership in LLC that owns my rental property?
Hello BP community! I have a rental property that is owned through my partnership LLC (my wife and I each own 50% of the LLC). I have interest in selling the property if I find someone that want to purchase a rental...
George Waters
Lease option to help seller delay change of ownership?
Hey All,I have an interesting deal underway over in PA. The deal is for 1 duplex & 1 triplex next door to each other with the properties currently fully occupied. I have locked in a sale price with the owner to pu...
Paul D.
Who to consult with regarding structuring ownership of rentals?
My family and I live in CA and we currently have four SFR in Idaho. Technically those four properties are in the name of a deceased family member, as his sole and separate property. We are the beneficiaries of the dec...
Dustin Brown
HELOC using appraised value under 12 months of ownership
Hello Everyone,
I bought a property recently and my appraisal came back higher than my purchase price.
I have spoken to a couple lenders and they are all sayiNg that they can only use the purchase price, not the ap...
David Gjeldum
Transfer of ownership to a LLC, frees up credit?
Hey everyone,
Thinking of buying a condo here in Chicago (I know none of you are fond of that, but I have my reasons)
Say I buy a unit/finance it in my own name. If I transfer ownership to a LLC, does that free up m...
Mark Johnson
Anyone Familiar with Leases and New Ownership of Leases?
I signed a lease with some scum bag who was behind on his payments with the bank so the bank appointed ownership of the property with a new owner who isn't on my lease. However the lease is now terminated and I am doi...
John Faranetta
Tax Liability on Ownership % Swap Between Tenants in Common?
I own 8 residential rental properties with 3 other investors. The properties are owned equally between all 4 investors, and the Deeds are held as Tenants in Common. We have decided to divide the properties amongst a...
Deb S.
SD IRA condo sale after 20 months of ownership
Investment Info:
Other buy & hold investment.
Purchase price: $100,000
Cash invested: $101,650
Sale price: $126,000
Updated fully furnished move in ready 2 bed/ 2 bath condo, just under 900 s...
Linda Lai
Joint Ownership of IRA and LLC – Does it Work?
There is a lot of discussion about prohibited transactions using an IRA to fund a purchase of properties, and non-recourse loans to finance an IRA purchase. I’m considering using the fund in my IRA account for down pa...
Shiloh Lundahl
T or F - no financial freedoms without business ownership
Many people can become financially secure with a high paying job and good financial literacy, but it is very difficult to become financially free without leveraging systems through business ownership. I don’t mean liv...