Marty Hofmann
1031 Exchange with Title Transfer to LLC
Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...
Daniel Chao
Maryland - Transfer of Accessory Dwelling License Question
I'm purchasing a home in Montgomery County, Maryland with a licensed accessory dwelling. The license was obtained with an exception so the two gov't agencies I'm dealing with (MD Landlord/Tenant, Office of Zoning and...
Char Bacheh
transferring money from one corp to another
was wondering can i transfer money from one of my corps to anther? what are the tax consequences?
Salvatore Trapani
Transferring Members of an LLC - Tax Consquences
I'm currently managing a commercial (15-unit residential) building in the Bronx, NY that is held under an LLC by a 100% sole-member.The member is looking to fully transfer the corp. stake to a family member, making th...
Drew Poniewaz
contract for deed, title transfer and closing
When creating a contract for deed, is the title being transferred at closing? Do I need to close at a title company? Will it shown as sold in the public records? If anyone has any help or advice along these lines it w...
Matt Brooks
Do Security Deposits Transfer to New Buyer?
I am working to put together a contract to purchase a triplex unit in TX. It is a nice deal but Seller has thrown a curve ball at last minute.The seller is telling me she will not be transferring security deposits to ...
James Gilpin
Transfer Ownership Without Paying ALL Taxes. HELP!!
Hi All,
I have the opportunity to purchase ten properties for $50k from one owner which will be a huge profit, HOWEVER they all owe $8-10k in taxes. Is there any way to transfer ownership without having to pay all o...
Sarah Nguyen
Transfer Utility To Tenant After Move In
How long after move in should I give the tentant to transfer the utility to their name? Do I need to put in the lease? In return can I require them to leave the utility on for 5 days after they move out? Thanks
Cheyenne Davis
Legal issue regarding title transfer and probate
Scenario: we purchased two properties from the same seller on the same day. Houses went through probate already. We closed with title agency and got title insurance. We're now reselling one of the houses and have foun...
Ben Dols
Signing Lease agreement BEFORE transferring to LLC
Quick question: I am buying my first rental, a Triplex with 2 units already rented out. This will be a 30 year Fannie Mae loan. I plan to transfer this loan to my LLC once it's sold to Fannie Mae.
However I also...