![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/144020/small_1621419201-avatar-calif94577.jpg?twic=v1/output=image&v=2)
12 December 2024 | 12 replies
I had a conversation with a Probate/Estate lawyer and he suggested the following but what he said doesn't quite add up to what I have read so I want to see if I am just not understanding or if I am getting bad gouge.Advice was to create WY LLC that owns all properties, that is then "owned" by a land trust for additional anonymity, that the beneficiary is a regular Trust that owns everything else in my name.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2273417/small_1657999081-avatar-scottd367.jpg?twic=v1/output=image&v=2)
3 December 2024 | 6 replies
I had a meeting with a representative from Prime Corporate Services about their tax planning and strategies.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080427/small_1721443074-avatar-isadoren.jpg?twic=v1/output=image&v=2)
9 December 2024 | 15 replies
I don’t believe a tenant can stay forever, and I can cover the extra payments and lawyer fees for up to two years for the tenant who will be harder to remove.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2173075/small_1737159854-avatar-aaronb537.jpg?twic=v1/output=image&v=2)
3 December 2024 | 1 reply
Otherwise, you could also provide prevention recommendations somewhere on the lease that includes what you've mentioned above.Assuming you don't have a lawyer to help with your rental agreement you can find some sample clauses on a site such as Law Insider.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3146335/small_1731707817-avatar-deerw.jpg?twic=v1/output=image&v=2)
2 December 2024 | 4 replies
Yes, the credit utilization ratio does impact your scores (see below) but, if you're out of debt & not using your credit cards, you may not see a hit to your scores.Amounts Owed (30%): Represents your credit utilization or how much debt you owe compared to your credit limits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2903558/small_1735873779-avatar-katiec177.jpg?twic=v1/output=image&v=2)
1 December 2024 | 2 replies
I don't have any pending legal issues at the moment, but I've been thinking I should find a lawyer that I can go to for questions, to review documents, leases, etc so that I can have confidence that I'm not making any silly mistakes that will get me into trouble later on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2297600/small_1694591877-avatar-dongziw.jpg?twic=v1/output=image&v=2)
28 November 2024 | 184 replies
I’m in the same boat with lawyer, everything is on hold.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182136/small_1728924093-avatar-scotttrench.jpg?twic=v1/output=image&v=2)
8 December 2024 | 14 replies
Right now this sounds like most of the HOA's that we all hate that issue random fines for no real reason, and then attempt to justify it with their bass ackwards logic that they are actually somehow doing us all a favor.I'm not a lawyer, but I would imagine you could also open yourself up to legal action.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1248582/small_1719502464-avatar-angelah105.jpg?twic=v1/output=image&v=2)
2 December 2024 | 13 replies
Quote from @V.G Jason: I'd partner with a lawyer that can help put some contractual language on the downside of working with contractors and real estate agents.I'd also partner with a RE brokerage firm that clearly understands your goals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/674646/small_1683554353-avatar-abrahamb10.jpg?twic=v1/output=image&v=2)
6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.