2 brothers own a rental house, they want to refinance they have a real good deal.
The catch is one brother needs to be removed from the mortgage because of bad credit to get the deal.
The brothers are close and will continue sharing income expenses and the work at the rental.
Right now he is averaging about 5,000 of income per...
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2 brothers own a rental house, want refinance but my client has bad credit
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Partnership with properties in LLC name Refinanced had to change Title to Members Nam
Is there any tax consequence on a Form 1065 if the members of an LLC formed in Arizona, (Treated as a Partnership) did a Refinance in 2012 and the Lender requested that they quit claim the properties in to the names of the individual members?
There was no Sale involved. But now the properties are no longer titled to the LLC. Does the...