Gregory Cottarel
Transfer Ownership To LLC With A Loan's Due On Sale Clause (HOW?)
Hello all,
Our current situation:
- 4 partners own the duplex. Currently in our personal names.- 4 partners are equal members in the LLC.- 2/4 partners are on the loan. In their personal names.
We'd like to:
- Tr...
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
Kevin Yoo
Directing tax benefits of a rental to certain owners in multi-ownership
If multiple people/entities own a rental, is it possible to direct the tax benefits/write offs to certain parties that would be not in line with the percentage of ownership held by those parties?
Allison Meggison
Do I have ownership interest if I have a house under contract?
We have a couple properties under contract & the other day someone asked if I was the owner, I said "no but that we have equitable interest in the contract that we're selling for a fee. Otherwise we are going to c...
Henri Meli
How I added over $750,000 in value in 18 months of ownership
We are approaching the Thanksgiving season and I thought I start off a little early with a progress of ownership and a big thanks to the whole biggerpockets.com family. @Joel Owens in particular. I made my first real...
Jenna Y.
Help with switching ownership structure from Joint Tenancy to Tenancy in Common
Hello - I'd like to change ownership structure for a property (my first deal) from Joint Tenancy to Tenancy in Common. Same owners.Looks like I'll have to do the following. Is this correct? Grant Deed: Fill out, notar...
Lafontant Cherilus
Multifamily investing in Working Class Neighborhoods (Rental Properties - Path to Home Ownership)
Just wanted to introduce myself to the Bigger Pockets Community. Looking to leverage my experience in Finance and Strategy to invest in multifamily properties... ideally in stable / working class neighborhoods. This i...
Toks Akindele
Does a New Landlord need to inform Tenants of change in ownership
Currently in the process of closing on a package of SF homes and I wanted to ask whether a new Landlord needs to write a letter directly to the tenants or whether it is better to let the Property Manager inform them. ...
Marcos Villagomez
Getting ownership on a deal that I found for a close client
A close and trusted client of mine and my self have agreed to go in on a small multi family deal together, he is providing the Capital and I need to structure everything else from acquisition to team building, exit st...
Katrina Cabral
Ever Try to Do a 20% Co-Ownership Sale of a Property
Aloha, I have an awesome condo on the beach in Waikiki. I'm trying to figure out what to do with it - and it just occurred to me that it might be an excellent property to sell shares of co-ownership. I'm wondering if ...