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All Forum Posts by: Michael Porter

Michael Porter has started 3 posts and replied 4 times.

I have obtained a property tax lien in Mobile County this year but it got redeemed. I acquired interest and wanted to know what account type I should use for the general ledger. I already know it is revenue on the balance sheet. 

Does anyone know a good website to use as a reference?

I recently received my first tax deed. I am confused to what the county commissioner will give me to give to the probate. Does any ever gone through this process. Please advise.

Tamara Deering 

Thanks for advise and mentioning the due on sale clause. I currently have a property in Florida that I am renting out but it is in my name. I want to do a quit claim deed to my LLC but I definitely will research to see if that is the case with my mortgage for the Florida property.

My credit is not the best but he can get approved for a loan with his name. If we start a LLC together, will my credit affect the chances of getting the loan. I figured we can put the loan and property in his name and quick claim deed it to the business afterwards. Does this sound like a good idea? Any suggestions.