All Forum Posts by: Becky Farnsworth

Jason,

I would be interested in these properties as well.  I would be stoked to have 20% instant equity in one of my rental properties.  Feel free to message me with details.

Thanks!

Becky Farnsworth

StacyA, I am also an investor in Boise. My husband and I only have 2 investment properties now, but we are always looking for more if the right deal comes our way. We have actually been thinking we need to find a new agent because our prior one doesn't understand the REI world. Feel free to contact me if you would like to talk further. Thanks!

@Josh Caldwell thank you for your input.  I have been told I can "quick claim" the houses,   but do you think I could skip the attorney and just go to the county to quick claim it or is that a bad idea?  I have an accountant so maybe I should talk to him about transfer taxes because I didn't even know that was a thing.  Thanks for giving me an idea of where to go!

Hi everyone!  I am new to the group and look forward to your advice! My husband and I have 2 rental properties in our name.  The first one used to be our primary home so we left it in our name because we didn't know how to change it.  Then we bought another property about a year ago and our loan officer said she couldn't do a loan for us in a business name.  It was easy enough to finance it with our credit, so we went that route and now have 2 investment properties in our name.  We would like to separate our liability and put them in a business name.  What is the best way to do that?  Will there be any tax consequences when we sell either home?