What is the best way to transfer an LLC for a single family rental property from NJ to FL. Is an LLC corporation the best way to register as far as taxes go too? Anyone recommend a real estate attorney in Sarasota FL ...
Hello all, please advise. I have a few deals that I would love to move on NOW; however, I have not yet completed the formation of my LLC with my investing partner. Do I miss out on these deals until the LLC process is...
Hi, all. Here's a question for the tax pros. My grandparents left rental property in a trust, of which i had a share. (The property is in CA, if it matters.) In March of '21, the trustee transferred title of the prope...
Hi everyone,I have a duplex financed in my name, but then I transferred title to single owner LLC with a quit claim deed. Now, I'm thinking of selling this duplex FSBO. (Never done FSBO before)Do I need to quit clai...
My wife inherited a property with tenants. She has already collected rent into her personal bank account. We have a LLC we use to buy rentals. Should we transfer her new property to our LLC? I want to make sure we don...
Hello all, looking for some guidance, and hoping the members of this forum can help. A couple of months ago, my wife and I purchased a larger house after having our 2nd child. We decided to keep the current house and ...
Hey all,I am writing to ask what my options are for this scenario. I closed on a triplex last July. During the walk through, I noticed that the washing machine and drying machine were both coin operated. They said ...
I can't seem to figure out the transfer tax when recording a Quit-claim deed. The purchase was subject to the mortgage and it appears to fall under the confirmatory deed rules which makes it tax-exempt. The coronaviru...
HiI transferred my rental to a multi partner LLC last year and trying to figure out how do I input that information on my personal taxes using H and R Block. I understand that I have to file the LLC taxes (1065) befo...
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...