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Hello, can someone help me with this Question When you change to a llc does the Bank give you 30 days to pay off the mortgage?Please shed some light on this process overall.Thank You.
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Hello!We have few properties that we are considering putting in a TRUST.We are not sure if we can collect a rent from houses that are in the TRUST.If this is possible, do you know what is the best way to set it up?Tha...
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So I’ve read a lot on here about folks inquiring on LLC’s for their rental property’s to obtain asset protection. The main problem I see associated with this and the main reason people seem to shy away from it it the ...
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When in a 50/50 partnership, is it common to have your portfolio go 100% to the partner when the other partner dies, or do you find most partnerships have beneficiaries outside of the entity? For instance should my pa...
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Hey BP.
I have a dilemma, my partner and I are looking into investing in Texas. We want to create an LLC, but we are unsure how that will affect us. We reside in California, and my Lawyer advised us to open the LLC ...
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Hi everyone, I read online that setting up a land trust to hold your property and then assigning the beneficiary to an LLC is a good way to protect your privacy and asset. I have a few questions about land trust and h...
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Hey for my married investors in the group. How do you go about structuring your LLC and building your portfolio when only one person is actively involved in the business? Should both people be listed as members of the...
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Hello I'm looking for information on purchasing real estate in New Jersey. Here's my situation.My parents are moving to New Jersey (55+ community is what they're thinking) and are going to purchase the property after...
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Is there a tax return generated for/by a joint venture?
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My parents put together a trust and placed our home in it. The 4 of us are the beneficiaries to the trust, and according to the trust and also my parents will, everything is to be split evenly amongst all 4 of us. I...