Hi everyone, I've got a timeshare from about 12 years ago that I never use. We tried to list it a few years ago and paid an upfront fee to have it listed and advertised. It was never sold. Once the initial selling con...
To all the lawyers and accountants or really just anyone who has managed to successfully do this, is there any way to switch a property to an LLC without paying transfer tax? I am the sole owner of the property as we...
Hello BP members,I am looking for information regarding owner financing and title transfer when facing a pending balloon payment. My understanding is that one would simply cash-out refinance right before the balloon p...
We will ask tenants to transfer utilities to their name before handing out the keys. However we are in Tennessee, and we are not sure if we can shot off the utilities on Tenants move in date.
I recently bought a HUD house to flip. I bought it in my own name and will quit claim deed it over to my s-corp. I've been doing it this way lately becuase HUD doesn't seem too interested in selling their properties...
I'm an investor in Ohio and I just learned that the "good funds" law changes as of tomorrow requiring, primarily, that funds brought to closing be in the form of a wire transfer. No more certified checks. I believe ...
I'm getting high tech now with using all of buildiums features. I'm running into an issue with their bill paying ability and transferring money from accounts. So I have a VA doing all of my bookkeeping, but in order...
There was a little discussion in the "First Lonnie Deal" thread about buying a MH on terms.
I'm trying to figure out how you would handle the title in a situation like that.
If I buy one that way, I won't have the...
I wanted to share what I have learned about transfer taxes, how they affect the value of homes, and ultimately your profitability. It can be tricky, so I wanted to share my research and some conclusions.
First of al...
With the recent tax law changes does it benefit me to transfer the title on my investment property mortgage from my name to a LLC? Also in the past most banks were reluctant to give a conventional loan to a LLC and t...