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Updated over 10 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Stephen Dallas
  • Investor
  • Kalamazoo, MI
2
Votes |
16
Posts

OAs, Asset protection

Stephen Dallas
  • Investor
  • Kalamazoo, MI
Posted

Yesterday I listened to a webinar On CRE Online by Al Aiello, CPA with an MS in taxation.

He talked about structuring LLC partnerships, protecting assets from equity stripping, strengthening OAs, etc. These are things I need to put in place, and would need to hire an attorney or buy this or a similar product. He is asking $900.

Currently have 3 SFHs in our name that are rented- very vulnerable position.

 Just went through partnership break up, big losses and the boiler plate OA was of little value.

Has anyone used Aiello?

Is $900 reasonable for this help?

What would an attorney cost?

Needs to be done, a law suit would cost much more.

I appreciate your feed back.

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