Large private water companies (those with revenues of at least $250,000) are regulated by the Public Service Commission (PSC) and subject to the Home Energy Fair Practices Act (HEFPA).

If I already have an LLC established, could I contract and manage a rental property that is not under that LLC and would that property be protected because it’s managed by an LLC?

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company  (IRA LLC) must be utilized.

Spoiler alert: this is pure silliness with a dash of depth.Some were called to be doctors, innovators, engineers, or sheep wolves to protect us all. 

Put it in writing.Even when the Tenant seems as honest as the day is long, protect yourself by putting it in writing.

I’m guessing the Force Placed insurance only protects the lender’s interest and the former owner has no claim.

Texas is a non-disclosure State so sales prices are not readily available through public records.

If they are a guarantor, they have the right to know if their daughter is meeting her obligations under the lease and the privilege of opening their wallet if she is not.Little is harder on household social cohesion than walking out into the kitchen in the morning to find helicopter mom or over-protective dad sitting at the table.  

Maybe look into a private or public reit where your parents don’t have to work as hard in retirement. 

@Jason SternQualified plans are also good for asset protection as well as taxes.