Mark S.
Efficient House Transfer to Heirs in KY
Scenario: Remarriage later in life. Surviving spouse now owns house outright. Future 50/50 split desired to both sides of family upon surviving spouse's death. Current will states 50/50 split upon surviving spouse'...
Greg Todrank
Bank Asking for Life Insurance Policy
I have hit a threshold with my local bank for the amount that I have borrowed. They are now asking for a life insurance policy of $250k with them as the beneficiary.1. Has anyone had any experience with this?2. Ide...
Crystal Davis
Agent Commission under inheritance property
HiI I am a licensed realtor and I want to sell inheritance property in which I am the executor of the estate (along with three other family members)Can I sell the property and earn the realtor agents Commission legall...
Vidit S.
Who pays taxes for a land trust with LLC as a beneficiary?
Hi - I am getting a land trust in Florida with a LLC as a beneficiary to get a rental property in the trust. This LLC will have a WY LLC as a member for charging order protection. I have been reading some tax laws an...
Jason O'Day
Does my LLC require a license to manage my rentals?
I own a property in my own name that will soon become an STR. I want to run everything through my LLC. In order to do this, does my LLC require a real estate license since the property is in my own personal name?
Deanna McCormick
Capital Gains ? What could I expect to pay, how to calculate ?
I have a property I manage for a trust, that will sell for lets say 400 kAt the time of first grantors death the property was appraised at 325 K.At the time of second grantors death the property was appraised at 375 K...
Account Closed
[TX] On a Deed of Trust, can Trustee and Beneficiary be related?
I am in talks with a local investment company to purchase an interest in one of their notes. However, looking at the Deed, the Trustee is listed as an individual, who is the owner of the investment company, while the ...
Meleneal Cameron
My mom's estate, No will established
First of all forgive me if my legalese is not on point.... My mom bought a home back in the early 1990s, afterwards got married and her husband moved in with her. She never felt comfortable putting his name on the de...
Vidit S.
Is it true I can get a low rate mortgage with a LLC/trust combo?
Hi - I have saved up some cash aside and I am looking to break through this year in rental property investing for long term buy and hold for cash flow. My main aim is to have a proper legal structure for asset protect...
Edgar Williams Jr
Land Trust Question
Is it Smart to use a land trust, for each individual property. and then have the LLC as the trustee/personal representative of all the trusts. then put myself as the beneficiary of the trust