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  1. This is not hard at all. To do it correctly all you really need is a quit claim deed, it is cheap and you simple go before a notary sign the deed. After which you would take it to the county in which you reside for recording. The best way to do it, without any future...

    3 Answers · Business & Finance · 26/12/2006

  2. ...anything happened to you, since the property is owned by the LLC and not by you. So it doesn't...even bother to notify the mortgage lender. 8) Real estate transfer taxes might be applicable...

    1 Answers · Business & Finance · 15/10/2006

  3. I do B. You want the loan, so you have the tax write off.

    4 Answers · Business & Finance · 06/06/2012

  4. Seems like a waste of time and money to me.

    5 Answers · Business & Finance · 04/01/2017

  5. ... with ease of opening a corporation or LLC . These two states do not charge income tax. Also.... You may purchase a purchase property in any state under the LLC or corporation as...

    2 Answers · Business & Finance · 18/11/2012

  6. ... form LPs or LLCs. You want to form an LLC because real estate property that you contribute to the partnership will maintain it's original cost basis (if you want...

    3 Answers · Business & Finance · 11/08/2010

  7. ...unless you are in the business of real estate -- and then you may need to use Schedule C). Two or more member LLCs are... set up and on state law, the LLC owned jointly by a ...

    3 Answers · Business & Finance · 07/09/2007

  8. ...corporate tax yearly fees. Also, no lender is going to make a real estate loan to a new LLC . Purchase the property as Tenants-in-Common and get a rental property insurance policy and a...

    5 Answers · Business & Finance · 14/05/2013

  9. ...you get any tax advantage. It might be best to place all your property into one LLC thus placing it in a position to purchase additional property without you ...

    1 Answers · Business & Finance · 22/07/2010

  10. ...pesky tenants to track you down and annoy you, that is why you hire a property manager; like me! There are two reasons to have more than one LLC . Reason #1. Each LLC is a separate entity so if one...

    7 Answers · Business & Finance · 28/06/2007

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