Joshuam R.
SFH personal rental transfer into SMLLC
What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will als...
Jacob Bopst
Under Contract, Created My LLC, How does my LLC buy this home?
Hello all you lovely real estate people!
I'm under contract on a property and I have signed this contract with "My Name and/or assigns". I have created an LLC for this property and I need to buy the property with th...
Tanveer Mostafa
Florida/STR Cross- Border Lending
Hi!I'm looking to invest into a short-term rental down in Florida, particularly in these areas: Cape Coral, Orlando, Panama City Beach...and I'm looking for the right lender to help me. I am a Canadian but also a dual...
Vlad Bird
Canadian Joint Venture Legal Structure
Hi BP Family!I'm looking to start my first JV deal and am looking for Canadian advice on legal structures. I am located in Toronto, Ontario but am investing in Kingston. Have any of you done a JV in Canada before and ...
Vlad M.
EIN for LLC, all taxed in EIN, not flow-through to personal SSN
I registered LLC and in process of submitting SS4 form to IRS to obtain EIN number.How do I proceed to have taxes filed with LLC's EIN, and completely separate from my own SSN.I want all the rental income/taxes contai...
Arthur C.
Re-deed the title from my personal name to LLC
Does anyone know what cost is involved when one purchases a property in DC under personal name and then eventually re-deed the title to LLC. Will I have to pay another portion of record and transfer taxes? If so, at w...
Randy Dubiskas
New Mexico Politicians may tax STR properties as commercial
I was on a zoom call with Carl Vidal, an Albuquerque realtor and STR management firm owner about this idea that has been floated. The idea is that counties will identify a residential property as a short term rental ...
Kevin Katai
Investing in Tulsa, Oklahoma
Hey everyone, First post but have been following this community for a while. I own a general contracting/home building business up in Toronto Canada, and have been wanting to get into REI, but am priced out of the mar...
Account Closed
A Canadian dilemma?
I'm a Canadian that lives in the California. I have about $100000 in equity in a rental property up in Canada that I bought years ago with no knowledge of real estate what so ever. The rent is $1100. Mortgage is $7...
Gene Chen
Tax Consequence - Transfer to Single-Member LLC in California
Any BPers have experience with this?Considering transferring a property with no debt into a single-member LLC in California. It will be structured as a capital contribution, so no value will be exchanged and tax basi...