Home » LAW »» Real Estate & Property Law

X-fer title to an LLC (Real Estate & Property Law)

Fri, 30 Sep 2005 21:51:00 GMT

What is the name of your state?What is the name of your state? Virginia
I own 2 rental properties under my own name. I would like to transfer the titles to an LLC so that I can better protect my assets. Is there a way to do this and avoid high transfer taxes? What is the process that I should go through to get this done?

Comments (1) | Promote | Bookmark |

Real Estate & Property Law Open Questions

xcellation

What is the name of your state?OH We thought we sold our home. The septic inspection said there was alittle run back. The health dept. did nt pass it. We had the leechfield snaked by roto rooter and resubmitted this to the health dept. It passed The health dept said you shoild pump the septic......

X-boyfriend now roommate wants me out! Help I'm running out of time.

This is in addition to the first posting... I live in Castro Valley, CA As I said before, I was given notice to be moved by the 28th of this month. A few days ago I got an email, cuz the sucker doesn't have the balls to tell me to my face, that I am to be packed and moved into storage by this......

X tennant PA Pennsylvania

In September I had a tenant that was complaining of water leaking and a mold issue. I looked at the problem the next day. I called a plubber to take care of the leak, 4 days. 3 days more I tore down the ceiling to let it dry out. She stoped paying me because she stated her daughter was having......

x owner, BOB, "me" the Tennat,& new owner ?

What is the name of your state (only U.S. law)? California: I am the Tennant that lives in the small cottage in the back of the 2 properyts, Bob the landlord and X owner lives in the house in front, same property. the house was forclosed 1-1/2 wks. ago. A man came by with a flyer and a......

X husband is pulling a fast one

What is the name of your state? ca I have a judgement from the family law courts stating that I shall receive $45,000 from my husbands and his parents home by the end of January or interest will occur. January is when the pre-payment penalty ends. We are divorced now and I have noticed some......

x fiances names on my house

What is the name of your state (only U.S. law)? Illinois Me and my x fiance' bought a house together last year. We have been split up for about 6 months. He does not live in the house, he doesn't pay for the house. I cannot afford it on my own, so i am choosing to sell it. He wont sign it over......

X boyfriend wants money

What is the name of your state? CA boyfriend and girlfriend bought a home At this time I do have an attorney but am seeking more advise- opnions. I met this guy around 3 years ago and he lived in an apartment. About 8 months into our dating he was evicted and asked to stay with me in my home......

Wyoming judgement lien

What is the name of your state? Wyoming I have a judgement lien on a piece of property in Wyoming. The bank with a mortgage is foreclosing and my lien is second in line, with the IRS, third. The property is worth $75,000. The bank's mortgage is $50,000 and my lien is $6,000 and the IRS is owed......

Wyoming

What is the name of your state? WY There are no LL/T Laws here in our great state. We are renting a house from a MGMT Co., and the house is deteriorating due to neglet of the MGMT Co., despite numerous calls and letters written by my husband and myself to make repairs. Is it ok for us to notify......

Wyoming

My grandmother left her property to my brother and I. My brother is purchasing my portion of the property by paying 10% down and the balance due November 1st. I would like to draw up a Promissory Note Secured by Deed of Trust because that is what I am familiar with living in California.......

Some questions maybe you're interest in...

Parking in disabled spot on private property

[Traffic Law] What is the name of your state (only U.S. law)? Arizona I live in a 44 unit, private, gated condo community in Paradise Valley. There are only 7 parking spots inside the community. 4 are handicapped. There is only 1 resident with a disabled plate. As a community we have agreed 3 of the disabled.........

Dental Insurance

[Insurance Law] undefinedWhat is the name of your state? Oklahoma I took my son to the dentist a few months ago. The dentist checked his teeth and recommended that he have sealants. I told him that he had sealants put in one year ago. He said that they had worn off and that he needed them again. I asked if the.........

buying cheap from the family

[Tax Law] What is the name of your state?Louisiana. My grandmother owns 2 homes. I rent one of them and the other is unoccupied. I wish to purchase both from her. She has offered to sell them both to me at well below market value. Unoccupied home is worth 90k. The home that I'm renting from her is worth.........

non-alien

[Insurance Law] What is the name of your state?What is the name of your state?Alabama I am a non alien but I want to purchase a town house I will be self financing,do I need social security to complete this transaction?......

Can attorneys be expected to help trace/expedite paperwork?

[Immigration Law] We have retained an attorney to prepare and file our AOS/AP/EAD (filed in mid-May; yet to receive even a receipt) and to represent us through the subsequent process. In the main, ours is a routine filing, with no apparent complications. The problem is that I need to travel to attend my sister's.........

A very serious case/ I am very confused

[Family Law] What is the name of your state? My mom lives in GA I am currently living in MD with my father. I am the 15 year old child. My mother has custody of me Child Support started when I was 11 years old. I am currently 15 years old. I was living in TN when my child support started. The first child.........

ripped off

[Intellectual Property] I recently found a company has taken one of my pictures and is using it on their web site. They even claim a copyright for it. Is it worth going after damages and if so, how do I find someone to handle the case?......

am I liable & statute of limitation

[Accidents & Personal Injury Law] My husband and I owned a bar in NY state. Both names were on the liquor licence. We were not a corporation. We saparated (but not legally), and my husband assumed the bar. However, my name still appeared on the liquor licence. After I left running the bar, an underage boy alledgedly had been.........

Fictional names Real organizations

[Intellectual Property] I'm writing a ficitional novel about crooked cops and crooked members of city council. Could I have any problems if I were to use fictional names, but a real city council and a real police department (like N.Y.P.D)? Do I need permission from the proper authorities?......

restraint of trade?

[BUSINESS & FINANCIAL & Corporate LAW] What is the name of your state? WA I have started my own internet mail order business, and one of my main suppliers has just restricted my advertising in a way that I believe to be violating restraint of trade laws. I am not well educated with regard to business law, so I want to know if this.........