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My spouse was given a property through a quit claim deed by a family memeber. Documented (10/16) Filed (06/18).He tried selling the house but quickly found out in Texas he could not use the quit claim deed to sell th...
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I just closed on a purchase of several properties. In the closing documents the lender included a document called Shtar Isko. Below is a description of what that is. It has to do with Jewish law that prohibits chargin...
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Hi all.I ran into a problem that probably the person who lost the property at Tax Sale was deceased at the time. Therefore, there is a possible Inheritance Tax Issue on this. So now we have to do a search on the perso...
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Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties. However, when electing to be taxed as a sole proprietor (IRS default for single mem...
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Hi - in a different post, we shared names of local attorneys to assist with evictions, which got me thinking . . and since I'm in the middle of an eviction process (court tomorrow!) . . . I thought it might be worthwh...
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I have a question about inherited property which has a lien against it- from previous owner- and I have no idea how to resolve or where to start.First off, I have vague information but will try to explain it as best a...
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Hi everyone,
My question is should I get my LLC where in live which is Oceanside California or should I get it where I want to invest which is Cleveland Ohio? What would be the best choice and strategy for my situatio...
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I started my real estate investing journey during the pandemic and have not needed to use an LLC. I have been able to structure each rental property to where it is not necessary with the correct insurance and property...
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Hi everyone, I've been MIA from BP for a while, but need help/advice on the steps to move our existing rentals to an LLC. Can someone provide a step by step process that we can follow (or point me to an existing outli...
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Hi there, to all BP members.I am looking for someone who is experience in setting up cross border entities for Canadian. Before i start buying properties down south of the border. Please message me if someone you know...