John Spurlock
Breaking it Down: Generation-Skipping Transfer Tax
Among confusing legal concepts, the generation-skipping transfer (GST) tax is at the top of the list. Because of its complexity, many attorneys lump it in with concepts such as the rule against perpetuities—topics tau...
Mike Feehley
Transfering ownership into LLC although a 1031
I own a STR, no note attached, which I bought through a 1031. I would like to move the deed into an LLC, what implications does that have in regards to the 1031? Honestly, if this is not allowed, would anyone ever f...
Ben Steever
Homeowners insurance policy with quitclaim deed transfer?!?
Hey everyone, would love to know how this should work. My business partner and I are going to purchase a property jointly and will do a quitclaim deed transfer to the LLC (which is just me and him for whatever it’s wo...
Alfonso Leyva-Yanoff
Provision transfer and quit claim to LLC
I am trying to transfer one of my investment properties to an LLC by provision transfer. I am looking for advice on the process and cost. The property is located in philadelphia, PA. Thanks!!
James Lubin
Closed on 1rst rental yesterday; Utility transfer
Hi,I am Newbie. I just closed on my first rental property in Albany yesterday. I know tenants pay there own electrical bills and I think I'm suppose to contact utility companies. Do I contact gas, water, garbage and...
Alfonso Leyva-Yanoff
Provision transfer to move property to LLC
Looking to transfer my investment property from my name to an LLC. Anyone has advice of the best and most cost effective way of doing this.
Stone G.
Section 8 Direct Deposit Transfer After purchase
I have a client inquiring about housing voucher (section 8) direct deposits after he purchases a property with tenants in place. What steps must be taken after the purchase for him to start receiving the rents?
Jimmy Jefferson
Transferring properties from individual name to LLC...
Hi all,
I've got a handful of properties (9 doors total) in my personal name. I recently created an LLC and am wondering the following:
- Is there any way to avoid the transfer tax (1% seller + 1% buyer = 2% total)...
Ron Czecholinski
transferring propoerty into LLC without affecting mortgage
I am converting a property that I have a personal mortgage on into a rental property. I would like to put it into an LLC and bring a partner in who would share equity through the LLC. I am looking for input on the bes...
Marcus Auerbach
Title transfer into LLC destroys asset protection?
Mike Butler's book Landlording on Autopilot is a great read and I really like his hands on approach and school of hard knocks education. I just glanced it over again today to brush up on how to denie a rental applicat...