Hello all! I have tried searching the forum on this subject and I cant seem to find the answer. I recently bought a house in cash with my personal name. My question is can I move it to an LLC without any problems? I u...
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I am in the process of purchasing a rental property and was curious about doing an LLC conversion. We would purchase it under our names and would like to transfer it to an LLC we already have. Will that impact ...
We are inheriting a SFH in Sacramento area while living in NYC. Currently there are 4 people living there w/o paying rent. We didn't get court approval to execute the estate , as we are rather doing a simple probate ...
I currently own a single family residence in Chalmette, LA which I have been utilizing for short term rentals. Prior to the COVID-19 pandemic this property was bringing in between $3,000 and $4,000 per month in reven...
I'm in the process of closing on a section 8 duplex. I've started the process of gathering the paperwork for the local housing authority to have rent payments redirected from the seller to me, but it takes time. We cl...
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
Hello,
My grandmother is selling me a piece of in Charlotte Country, FL. It is in her name but I want to transfer it to my name after I buy it from her. Can anyone tell me the process of how to go about this or lead ...
Are hoa transfer fee for rental properties tax deductible?
Hi All, I am under contract to purchase a single family home in Rhode Island that was supposed to serve as my residence. The P&S states that the seller will deliver the property to me free and clear of tenants. I’...
Hey guys, I’m new here and looking for some advice. I own a house in a different state (Mississippi) from where I live (New York). I started a company and intend on buying duplex rental properties in my area. I’ve bee...