Hen Ley
Transfer personal residence to LLC?
How difficult is it to transfer a personal residence to an LLC? Is it as simple as signing a quit claim deed?
Kyle Barton
4 Plex Condos with FHA? Multiple parcels.
Looking for assistance with the nuances of FHA loans and condos. Here is the example... under one HOA there are two 4 plex structures, 8 condos All for sale by the SAME OWNER. Each condo has its own tax lot and the re...
Joey Palmer
Open Houses
Hello BP,I wanted to share a new "showing" technique that my wife (property manager) implemented. My wife @Amanda Palmer is a god send. She has taken over as manager of our rental properties. Previously, I was working...
Tom McDaniel
Partnership LLC Sells Rental, Invests in DST, Closes LLC, Can DST be Distributed?
2 Person Partnership LLC (Form 1065, K-1s to Partners) owns Rental Property which is planned to be sold. Proceeds to be used for 1031/DST, LLC would then be owner of record for 1031/DST.
Plan to close LLC in 2024 or...
James Maaba
Looking for advice to break into the luxury real estate Market
Hey All,I have been an agent for about 2 years now and I run a large rental team for Compass. However I want to transition into sales and start learning from somebody where I'm not rubbing shoulders with. Any market o...
Doog E.
Sheriff's Sale - Federal Tax Lien ?'s
Hi everyone! Long time reader, first time poster. I found a property I'm interested in and I have some questions. The property is available via Sheriff Sale in Texas. While doing research, I found several "Notice ...
Jorge Sader
South Florida REI Mastermind Groups
Hi Guys, Does anyone know of any Good REI Groups in South Florida where I can go to bounce ideas and help each other overcome challenges?I'm a South Florida RE agent on the process of becoming a full-time investor and...
Jamie H.
Texas Foreclosure Sale and 2nd Lien
Hi,I'm trying to get a good grip on buying foreclosures from the courthouse steps in Texas when the property has a 2nd lien. For example, the sale mentions the first lien, the primary, from the main bank foreclosing....
Paul D.
1031 exchange just profits or all proceeds
I bought a house for 60k and am selling this month net me 80k and want to do a 1031 exchange. Do I have to escrow the 20k profit only or the whole 80k proceeds from the sell? Do I have to buy a property to defer taxes...
Jay G.
How do you protect/endorse your certified funds at auction?
How should one property set up their cashiers checks for courthouse steps auctions?Is there anything specific to put in the memo beforehand?Also, have there ever been any situations where a scammer is up their posing ...