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I wasn't sure what category to put this in and I am not ready to name names quite yet but I am in the middle of a very frustrating RE deal. I would like your input on some things I have just learned.I am a former flip...
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Closed on 2nd rental property in July. I have successfully setup LLC and am trying to transfer property into LLC. When I initially spoke with customer service rep at RoundPoint Mortgage(my original mortgage was sold ...
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Hi All!I am looking into transferring title of a REI property I just purchased into a yet-to-be-created LLC. Since I'm planning on scaling up to many homes in different markets, I'm wondering if there is a legal servi...
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Hello all. I recently started getting involved in "wholesaling" commercial properties. I have experience with residential properties, but when it comes to finding buyers for multi-million dollar commercial properties ...
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Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tr...
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Here is the scenario. Cash in a bank checking account under an LLC that's owned by a self directed IRA through Entrust. I'm wanting to transfer some cash to another IRA at another SDIRA custodian for some different in...
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Hello, I was referred to a lawyer who had me set up my entities with evident complexity for liability protection, but now my taxes are quite complicated. I hope to remedy the situation however I need a solid opinion ...
If I own properties in my LLC, should these properties show my LLC as the primary insured? Is there any reason these should be insured by my personal name?My lender is requiring that my evidence of insurance show my ...
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Hello all! It's a long read and I appreciate your feedback. I'm looking at doing a subject-to transaction, me, as the buyer. I've got a verbal agreement for these terms: purchase property for $230,000, 0% down, 20...
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I a seeking advice on getting my property out of an S Corp and into a regular LLC without triggering a taxable event. We do not have any basis in the S corp with which to take distributions.