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Results (10000)
Carl Trube Assuming the mortgage of my parents house?
19 November 2024 | 7 replies

Howdy y'all! My mom would like me to assume the loan of her house to ensure it remains in my name. She and my stepdad would continue to live in the house and pay for everything (e.g., utilities, mortgage, etc.). Essen...

Mark Spritz Self Directed LLC IRA
11 January 2019 | 46 replies

I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...

Dino Singh How much should a closing cost for an all-cash transaction?
9 September 2018 | 3 replies

I'm purchasing an investment property for about 150k, with cash, and wondering how much should closing cost?  I'm paying for inspections, and don't need an appraisal.  The closing attorney probably needs to do a title...

Jo Amick Depreciation and IRS taxes on Sub-to/Lease Purchase?
28 May 2016 | 4 replies

Here's the deal: I am buying no money down, taking over payments on a sfr from an out of state seller and transferring deed to my LLC. I have a lease option buyer, so I am making about $200/mo spread between mortgage ...

Athan McCollum LLC Creation and taxation perks!
6 December 2021 | 5 replies

Afternoon BiggerPockets! This is my first post, as a young and new REI I am currently looking for some proper guidance into finding a CPA that has REI experience and can help make sure my LLC is as bulletproof as poss...

Scarlett Tao Property management company failed to collect utilities
31 March 2021 | 4 replies

My property management company failed to bill several thousand utilities to the tenants. And the tenants already moved out. Could I hold the management company responsible for this? Need some legal advice. Thank you! 

Joseph Humphreys Moving Personal Property to LLC
26 April 2021 | 3 replies

A family member has bad credit and around 380k of debt he needs to pay off. However he only owes 150k on his mortgage and the house is worth anywhere between 750k-850k. Is it possible to start a LLC with this family m...

Jake Miller Accounting help! Pay yourself as a PM when you own the property?
4 October 2017 | 3 replies

Hey!I recently closed on a quadruplex which is my first property and used an FHA loan. I created an LLC which I will transfer the property title into since I will be living on the property and another LLC as the prope...

Adam Davis Wholesaling: flat fee or difference? What am I missing?
25 April 2024 | 3 replies

I'm a broker in Oregon and Washington, and I'm trying to wrap my head around wholesaling. Please point me in the right direction of a post that answers this, or chime in. These are the steps, as I understand them:1. I...

Jason Clark Under Contract but Seller CXL all Reservations
8 May 2024 | 5 replies

I’m under contract to buy a short term rental at the beach, but just found out the seller cancelled all of the reservations before closing. I was expecting these reservations to be transferred over to me upon closing....