We are getting ready to move from our home we have been there 7 years and are looking to use it as a rental. My question is can we sell it to our LLC and use the profits to purchase our new home, or will it reduce our...

I am sole member of LLC how do I leave this to my children? I have an operating agreement but does not mention what happens if a meme we dies. Do I add them on the operating agreement as members and pass it to them t...

My business associates have 17 rental properties, many of which are free and clear.  They are in the process of transferring them into Land Trusts with their LLC as the beneficiary for anonymity & asset protection...

I am buying houses cash, mostly REO's but am looking to get into short sales before they go on market. I have a pretty strong buyers list and lots of friends and family"investors" that want me to buy them a house and ...

I used to be able to search trustee and trustor records online in my county courthouse in California but now you have to have information about each record you want to find. Does anyone have any suggestions on how to ...

My agent is suggesting to establish a LLC as I am growing my portfolio to have more rental properties, I want to hear your opinion, what are the pros and cons of LLC?Do you transfer houses ownership to the LLC? Can yo...

So I've already gotten one surprise in this adventure... I discovered that dad's Living Trust becomes an irrevocable trust upon his death.  I've already gotten an EIN for the trust, but I'm really unclear on how I do ...

My wife has a condo she’s owned since before we got married. She bought it with an FHA loan and it used to be her primary residence, and the plan is to keep it as a rental property. I have a number of rental propertie...

I am about to buy a property (or 2) in PA for rental purposes. I have a NY LLC which I created for a NY deal that didn’t happen. Is there any reason I should or should not use this current NY LLC for purchasing my PA ...

I'm sure this has been asked many times.  I have always previously done business using LLCs, but they were always partnerships with my husband at the time.  Now single.  I understand single-member LLC's do not offer t...