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Pretty sure it is - but want to be positive. Ex) If I bring $10,000 to an auction and my (winning) bid is $10,000, does that mean I need to come up with the additional transfer tax monies or does that get factored in ...
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Hey everyone! Hope y'all are getting geared up for the holiday weekend.My partner and I continue to come to the same hurdle... deed transfer to a series LLC. We've spoken to numerous lenders across DFW, and every sing...
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A family member of mine is renting her house to myself and she owns a life estate for the property. I believe she is overcharging me, showing up unannounced, and constantly threatening to evict me. The house was vacan...
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I was thinking about transferring a property that is currently under my name to an LLC. The property is now worth more than when it was first acquired. I'm almost sure the property taxes will go up as the value has in...
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Let's say the owner is pressed with a time-sensitive matter because they need money asap.I am willing to loan them the money but need collateral so I want to have them transfer the deed. They also want me to buy the h...
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Hello Community!
I am NEW new here and while I look for a professional picture of myself for my profile, I wanted to explain my situation and maybe get in touch with some folks who've found ways to be successful in a...
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I own a single-member LLC that I have been working and reinvesting to for over a year now. I have been thinking about buying my first property under the name of the LLC, since I have more capital in the business than ...
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I'm trying to determine how holding time can affect tax implications in the following scenario.I purchased a piece of land 10 years ago for $20K and held it for investment purposes. The land is now worth $100K.I find...
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Hi All,I am under contract for my first STR property. The existing owners asked to transfer the bookings over (and I believe chapter 42 of the NC laws state I have to accommodate that). However, I am curious if anyone...
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My wife and I downsizing from a 600k house which we both have our names on. To a 400k house which we are trying to buy in my wife’s name only (this will free up my larger income for rental propertly loans which we wan...