How do we verify income? How to we assure the income is stable? How do we assure she is allowed to use there income for living expenses?Parent applied for the unit, she will be using her children's income to qualify. ...
Parent child LLC setup is good setup for asset protection or not ?( Parent LLC will be managing the properties while the child LLC hold the properties ownership)
In Texas, what's the most straight forward way for a parent to gift a home to an adult child? Home is free and clear.
So I have a a friend that wants to purchase a property. I have agreed to be her agent. I'm still much a novice when it comes to real estate due to the fact I work a full time job in sales. Her parents will be paying f...
My in-laws recently retired and want to give their home in Philadelphia, PA to my wife. How do we start the proces? Should we meet with a real estate attornery or go to a title transfer office?
Parent llC in wyoming - 50% owned by me and 50% owned by my spouse
Child LLC in North Carolina - 100% owned by parent LLC
We brought one 5 unit property in NC in 2021 using Child LLC name as owner and paid cash.
P...
HelloI would like to know how can i create a Prent LLC and child LLC for individual rental properties. I am not able to understand where is the relationship between parent and child properties described or laid down?C...
My wife's parents have a house that we are renting that they wish to sell to us. The house is currently owned loan free under a sole proprietorship llc. What options might there be to help them/us pay as little in ta...
I have established a Series LLC in Oklahoma. I have 15 rent houses currently. The owner is carrying the note at this time but I am about to get a couple of the houses in my name. When we officially move these houses o...
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...