Account Closed
Seeking advice for title transfer. Thanks!
Hey biggerpockets family! First things first, thank you for clicking on my discussion. Any feedback is greatly appreciated! My grandmother has given me a single-family house to start my Realestate portfolio. I'm tryin...
Jim Kalish
Accountant's Input Needed - Transferring Deed Ownership
Hi BP Family,I'm looking for advice from the accounting community. Here is the scenario:My son and I are 50/50 owners in an LLC.We own 5 residential properties with a total of 9 doorsWe account for all of the income ...
Joe S.
Transfer on death deed in Texas?
So we have a property under contract and the seller had a deed upon death transfer to him. As far as I know from the title company everything came back clean on the title report. The issue it seems that is coming up i...
Ryan Russell
Personal title transfer to LLC insurance
Hello my fellow investors,
I am currently looking at partnering with a colleague to purchase a property for both personal leisure as well as to STR. Currently speaking with lawyers on the benefits/drawbacks of purch...
Bob E.
How to Transfer Income to Kids
We bought a house earlier this year in Milwaukee with owner financing and I have a question on how I can involve my kids in this transaction. I do have an accountant but being in the middle of tax season I hame hopin...
James Wierzba
Transfer partial ownership of a title?
Hi,I purchased a property with a partner. The deed was in both of our names. I transferred the title from myself to an LLC (via a warranty deed) because we want to own the property under an LLC for liability purposes....
Leo Tran
Multiple partner LLC and Loan Transfer
Thank you for reading and responding: I'm running into a roadblock. I have a 4 units multi-family and closing soon on another 3 units both in my personal name. My lender doesn't allow me to transfer the loan from my ...
Rik Patel
How to Transfer Property from Family
Hi All! I have an family member that's willing to put me on title of his property, however, we don't know if there is any taxes that are due with this kind of transfer. It's paid off and we're thinking of just doing a...
Beata Domagala
Transfer of permits into new name
Got a property with 4 open permits. 3 of them are expired. I was told that I need to reopen all of them and pay the fees associated with those. 3 of those permits will cost me around $100 but the alteration permit is ...
Mary El
Transferred title to my new LLC
I just moved my SFRs out of my name and into individual LLCs. For one property I want to do a 1031 exchange. Does my LLC have to hold the property for 366 days before I can do an exchange? I've own the property for 27...