Unlocking Your Business Potential
How long after signing a lease can you back out in Texas? Termination Rights. Texas law allows tenants to end their leases after providing three days’ written notice to their landlords who breach the state re-key laws. A landlord in Texas has an obligation to re-key or change locks each time one tenant moves out … Read more
Is wholesaling legal in Arizona? Yes, wholesaling real estate is legal in Arizona. Read more on www.realestateskills.com In recent years, real estate wholesaling has grown in popularity, but many investors are still unclear of its legality in several jurisdictions. One of the states that has generated a lot of discussion over the years is Arizona. … Read more
Can I live in a house owned by my LLC? While you can put your personal residence under an LLC, that can have unpleasant tax consequences, including losing homestead tax exemptions and the capital gains tax exclusion when you sell. You can put property under an LLC by following good accounting practices and completing and … Read more
Can I sell my house to my LLC? It is legally possible to put your own primary residence into an LLC, but it may or may not be the right decision. As a reminder, the LLC’s premise is to protect assets. When you create one to house your business or property, it will separate them … Read more
Who can prepare a deed in Florida? A seller can allow a buyer’s attorney to prepare the deed or the seller can retain a Daytona real estate attorney to represent the seller during the real estate closing process. All deeds executed in Florida must be signed in the presence of a notary public and two … Read more
If you have one rental property in Florida, for example, you can form a Delaware LLC to hold the title of the property. The answer is simple: Florida doesn’t provide the same protections, referenced earlier, that a Delaware company provides. This is not to say that many investors don’t do just that. Read more on … Read more
What are the responsibilities of the closing agent? The closing agent’s role is to make sure all parties involved receive required documents during a mortgage loan closing. They provide escrow instructions to third parties like real estate agents, to receive funds such as fees and commissions. Read more on settlementengine.com In real estate deals, a … Read more
Who holds the title to my house? The title deeds to a property with a mortgage are usually kept by the mortgage lender. They will only be given to you once the mortgage has been paid in full. But, you can request copies of the deeds at any time. Read more on www.kaisersolicitors.co.uk You might … Read more
How much do title policies cost in Texas? The cost of a title policy in Texas can range from 0.9% to 0.6% of the property value. Generally speaking, the higher the property value, the lower the cost of the Texas title insurance policy on that property. Read more on www.useelko.com When purchasing a home in … Read more
Can an out of state LLC own property in Arizona? If an LLC formed in state 1 wants to engage in business or own real estate in state 2, state 2 may require that the LLC register to do business in state 2. Some states (Arizona for example) do not consider the ownership of one … Read more