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Updated 3 months ago on . Most recent reply
Wanting to make an LLC/Trust
Hi all, I am an American expat looking to buy a duplex in Cleveland. I want to create an LLC/Trust structure to protect the property. Can anyone make a good suggestion for a lawyer who could help with this? I'm open to to a lawyer from Wyoming as an example for its anonymity. Thanks in advance!
Most Popular Reply
Quote from @Jason Varga:
Hi all, I am an American expat looking to buy a duplex in Cleveland. I want to create an LLC/Trust structure to protect the property. Can anyone make a good suggestion for a lawyer who could help with this? I'm open to to a lawyer from Wyoming as an example for its anonymity. Thanks in advance!
why do you need asset protection living abroad? FYI in cleveland when the city sees the owner as an out of state entity you are put right in the cross hairs and they will literally go measure the grass and fine you and make it a criminal offense. so in cuyahoga county yes i agree to use a LLC but I would do an ohio one. I have had 4 properties in this area and every single one I have had to go through this while some of the neighboring properties were not desirable at all but were left alone because they were owner occupied.
- Chris Seveney
