Jonathan Felts
Transferring LLC Interest Trigger Tax Reassessment?
I own 50% of an LLC that owns a property. My partners wanted out, so I got a loan to buy their interest (25% & 25%). Part of the deal was to close the LLC after doing so. I have a tax person and a lawyer but both...
Carmen Alvarado
Transferring property title to an LLC
I’m trying to transfer my personal property to my LLC (a property I rent). I was told to contact lender and transfer property title to my LLC. Which I’m planning to do because apparently banks don’t transfer mortgages...
Jake Emfinger
Quitclaim title transfers then FHA loan?
If I were to use quitclaim deeds to transfer the titles of a couple rentals I have to my LLC, could I then personally get an FHA loan? Or should I just refinance them under the LLC? If anyone has done something simila...
Michael Hooper
Entity Transfer to Avoid Tax Reassessment
I'm looking to purchase 10 townhomes in Cincinnati. The current owner paid around 275K for the property and is paying 11K/year in taxes. The numbers on the property were looking good until I was told that if I purchas...
Katelyn Atcavage Robideaux
Transferring active STR to new owner
Hi BP fam,I am working on a few deals that are currently active air bnb + VRBO’s. I understand that the listings cannot be transferred to the new owner and that an entirely new listing must be created. In the past, we...
Carolyn Morales
Method of transferring property to LLC
We bought a tax property then later formed our first LLC. What is the method and wording used to transfer the property to the LLC ? Can someone direct us to a Florida friendly template?
Jack Rozema
Transferring Personal Mortgage to an LLC
Can you purchase a home with a conventional loan as a primary residence and then transfer that loan to an LLC? I've heard from some lenders that if they find out, they can call the entire balance due which means you'd...
Michele Leonardi
How to transfer title to LLC?
Hi everyone.
I just closed on a single family home that I’m planning to flip.I have financed it using a conventional mortgage under my name, and I would like to transfer the title to my LLC, so I can manage the renov...
Nicole Givler
Lease transfer for private home sale
I'm using a title company to purchase my grandmothers home as a private sale and long term investment. We want to keep the current tenants there as they are reliable and have been there for 6+yrs. What is the best way...
Sabine Franklin
Deed transfer on a Condo unit
Good evening seeking a real estate attorney that can help with a deed transfer. Family member owns a condo as a rental property, currently occupied with a tenant. I have been managing the condo for a few years now. Fa...