I wasn't sure where to post this question so I hope I'm in the right forum.I live in CA and have 2 rental homes in Ohio that I purchased while married to my ex husband. Both our names are on the deeds. In our martial...
Hi All,This is my first time posting to the BP forum, so I hope I'm posting this in the right place or I'm at least somewhat close.....if not sorry in advance. So my dilemma is I'm trying to get financing for a proper...
Hello BP world,By continuing my education process, I will also continue with questions since everyone has been amazing and helpful so far. I currently have 2 rental properties and wanted to throw some legal questions ...
Hi I’m new to the Bigger Pockets forum and I had a question. My sister is trying to sell her house but hasn’t had any bites. I own an LLC and we’ve talking about putting it into my LLC to rent it together. She still h...
Quick Question to the group:lets say you have a LLC which owns properties - call it Property LLC. Property LLC is owned by Holding LLCHolding LLC is owned by Jane Doe.If you were shutting down the LLC and wanted to ju...
Hey everyone, first post on BP. So ill try and make it as simple and quick as possible. Here are our details (Our= My Father, Wife, Me and 2 yr Daughter)We live in the Bay Area (Hayward Ca)House #1 - 2bd,1bath, primar...
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Hello! Im seeking advice for my parents rental property. The property was purchased on July 21, 1988 in Santa Clara county. Parent A and parent B are married and paid the mortgage in full. Aunt A, sister of parent A, ...
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...
When we importing our rentals using the new rental calculator, the numbers were all different. Anyone else have this issue?