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Hello all,
I'm thinking about buying a property with cash in an upcoming tax sale. I'd like to transfer the property to an LLC. Does anyone have any experience transferring properties without financing to an LLC? ...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...