Michael Germinario
Transfer Title LLC
Hi BP,I'm planning on transferring title of a small multi-family into a LLC, from my personal name. The purpose is strictly for asset protection. I've owned for 6 years and never missed a mortgage payment (conventio...
Bobby Gillespie
Transfer of deed
My parents, who are UK citizens are selling their vacation home in Orlando... near Disney.If they transferred the deeds to me and I paid them, would this be ok... legal? If so, what consequences tax wise etc?The house...
Jay Johnson
Transferring passive losses
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
Jason Leak
Deed transferring question
I purchased an investment property out of state. I signed an agreement with a wholesaler who in turn hired a real estate agent (which I could have done myself but the wholesaler said he had a cash buyer, I digress). A...
Daniel Avery
Security Deposit Transfer
Hey all I️ have been reading these forums for a while. Really amazing info.
I️ am buying two rentals from another investor and he collected a security deposit three years ago when the tenant moved in. I am buying th...
Shivam Patel
Tenant Transfer Process
I was wondering if you inherit tenants during a purchase of property, in a duplex. I am inheriting a tenant but wanted to make sure that the next months rent is transfered to me. Also I want to make sure the deposit o...
Daniela Saldarriaga Oquendo
International money transfer
Hi Everyone! Looking for some insight, I have money in Colombia South America in a savings account that I want to transfer here to the US to invest. However, currently if I simply transfer from bank to bank, the amoun...
Michael Mignogno
Avoiding Transfer Tax
To all the lawyers and accountants or really just anyone who has managed to successfully do this, is there any way to switch a property to an LLC without paying transfer tax? I am the sole owner of the property as we...
Matthew Williams
Rental money transfer
What are some platforms that can be used for tenants to pay their monthly rent? I’ve been asked to use cashapp but cashapp is not very friendly when too much money is transferred.
Aaron Law
Florida transfer tax
Is it possible to get around the Florida transfer tax when deeding a property from my personal name into my LLC?The FL attorney I spoke with said deeding it over is the taxable event, whether it's into an LLC or into ...