Cody Anderson
Individual SMLLCs for Joint Ownership to Preserve Section 121 Exemptions
A couple friends and I are looking at co-buying a residential (non-investment) property in California and we're attempting to engineer a vehicle that would allow us to receive the best mortgage terms possible (a la av...
James Smith Moore
Business Model: Making home ownership affordable and simple in Detroit:
Hey BP!
I'm looking into creating a real estate company that makes home ownership affordable and simple for individuals in Detroit, Michigan who may not qualify for a traditional mortgage- or who THINK they may not q...
Sam M.
Help... how to transfer ownership when buying out a partner
Hi BP... I am seeking advice regarding title transfer when buying out a partner. I have a partnership with another investor where we own a 3-plex in Riverside County, California. I want to buy him out and we agreed on...
Surender Singh
1031 exchanged property want to changed personal ownership to LLC
Hi all I bought one commercial rental property by 1031 exchange from residential rentals in 2015.whole 1031 exchange transaction was smooth, Property is under my and spouse name.I would like to change to LLC or land t...
Chantal Manning
Tri State+NYC. South Bronx tale: first time multifamily ownership
Hello BP community!It is great to have found a REI community with such rave reviews!The decision and goal is to acquire my first investment property this year. I've attended numerous local meetups, began building my d...
Jeff Pollack
Can ownership interest be converted to mortgage to avoid taxes?
Hi all, Here is my situation. Way back when my wife and I purchased our 1st house my in-laws helped with our down payment to reduce our mortgage. As such, my mother in law (father in law is deceased) now owns 17% if o...
Janki Patel
1031 from 1 relinquished to 3 replacement with additional ownership
I have a partnership (1065) selling the property and 1031 into 3 different replacement properties. Can the selling partnership own 50% into the new properties and another partnership own the other 50%? All the cash fr...
Michael Kugler
Advice to validate home ownership on a vacation rental site
Hello all, I am at the end of creating a website that will allow for peer to peer rentals. (similar to VRBO, HomeAway, FlipKey). I have came to an area though that I am confused on and really don't have any solid solu...
Jacob R.
Best way to find ownership history of a particular property?
Hopefully I chose the correct category for this question.I've managed to gather information on current property owners for a particular address by using data from my City's Recorder of Deeds/Tax Assessor website. Howe...
Meena R.
Modify ownership of commercial property from personal name to LLC
Hi, I bought my first commercial NNN property in South Carolina in 2023. My husband and I own purchased with 2 friends. The 2 friends did not want to create an LLC with all 3 partners prior to purchasing because they ...