Ivan Jouikov
Should I make competitive offer if property is already under contract?
There's a property that I really liked (from description) but it went under contract before I got a chance to see it. I asked my Realtor what about making a competitive offer and he said it's sufficient to let the li...
Joseph Pike
Partnership question and Ideas
Ok B.P. members I am needing your help on partnership ideas. I have 10 Rental houses a 5plex set of apartments and this past year have started flipping houses. Recently a friend of mine got her real estate license, ...
Mischael Metelus
Quit Claim Deeds and Business Tax
Hi, I'm hoping someone could help fill in some knowledge gaps for me. I recently acquired a property through a tax lien and it has now appreciated in value. I've started my own LLC in South Bend Indiana and I'm planni...
Muhamadou Kaba
Refinancing out of Bridge Loan
I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied. Tenants are great and on time with rent payments. I have a bridge loan that is set to mature soon and ...
Garen T.
Pre-Agreement with renter: Bypass moratoriums
This is one of those "shower thoughts" that we all sorta get. At least I do. Let's say I'm getting into a new lease agreement with a tenant. This is nothing to do with current, only future. Is there language that coul...
Florentin Grecea
Accounting Question- capital gain
Hello,
I have a property on my name for over a year. I am planning to transfer the title via warranty deed to an LLC (which I wholly own) before I sell it. Will that impact my capital gain tax bracket, if my corpora...
Denny Wu
3 Family Home with 6 owners: Tax consequences for LLC transfer
My parents own their primary with my two uncles and they each occupy a floor. They're starting to think more about transferring the home into an LLC with 6 members (husband and wife x 3). What is the best way to acc...
Ryan Fischer
Should I transfer property into LLC name?
And if so, how hard is that to do?Rental properties currently in personal name.
Thierry Van Roy
International and offshore LLC structuring
I could be off, but there's not a single post on structuring LLC's internationally on BiggerPockets.
The US, a litiguous society, has a pretty decent deal to protect yourself through LLC's, but that's not the...
Sebastien Dessureault
Transfer from C-Corp to individual name
Hi,
I recently transferred the title of a California property from a C-Corp of which I own 100% of the shares to my and my wife's individual names.
I was advised that the transfer would not trigger a property tax re...