Assets that are held by the Defendants in their personal names (like cars, houses, etc.) would not be protected by the charging order.

He also told me that he made more from his rentals than he did from the law firm.He still held the entire portfolio of properties when he passed at age 90, giving the properties to his relatives who continue to keep the properties and run the rentals, living off the income. 30-40 free and clear properties does provide a nice "side" income.The "stepped up basis" provides that the inherited property transfers basis at the value at the date of death, which makes all the capital gains unrealized during the owner's lifetime tax free.This attorney had the same portfolio for maybe 40+ years, he never bought any more property and never sold any of his rental properties.

The rent checks go directly to the PM and are held in the PM's account, and I am only paid after the tenants checkout.

Some have suggested that it is a list of properties the are or have been held in a trust.

You have every right to be able to sell your interest if someone wants to buy it.I've never held interest in a property that I didn't own myself like Shawn said before, but if I get to the point where I would want to "flip" my contract to another buyer I have every right to do that if I have equitable interest in the property.

I did not taught him to hate work, or to expense rolexes like RK says I would be teaching my kids.I'm sorry - it infuriates me that this pathalogical liar is held up as 'helpful' and given credit by so many of you, and you continue to spread his thought cancer by recommending his books.

The property will be held in my name, but I'm using private funds to buy the property.

@Dominic TurnerWhat verbage is in your purchase contract that says EM is held at the closing autorney's office??

I did not sign up for their 3 day intense seminar, to be held in Tarrytown NY in one week, but it sounds awfully tempting.

Unfortunately the downs are the fees, you will have to have a broker and you'll need to make sure he's investor friendly, you will be held to a higher standard because you'll have t follow the code of ethics and responsibilities to the public.