The reason is because its a Fannie Mae property I have to have the contract in my name. I spoke with an attorney that told me that the only way to transfer it into my LLC is to default the loan. This doesn't sound l...
I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank acc...
I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address? Not sure what are the implica...
Are some LLCs exempt from submitting this info? In particular, sole proprietorships? Does anybody know? Thanks.
Hey Everyone! I am looking to buy my first mobile home park and have found one for sale that I am interested in.-No Park Owned Homes-City water and Sewer-2 apartments-13 owner occupied spaces, One vacant space -Not cu...
I have a couple questions about the landlord laws in Philadelphia. My mother in law rents there and I trying to figure out who would be responsible for certain costs.
1. Her neighbor noticed there is a small crack ...
Hey guysI'm wondering if there is a way I can increase my efficiency or improve my money management system the way it is. For those of you that have full-time jobs (non-real estate) and do this on the side - how are y...
Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...
After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...
This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...