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30 April 2020 | 2 replies
There's not enough equity to be worthwhile in a lawsuit.If you get sued, the LLC will protect you from losing your personal assets, but ultimately you would still lose the house within the LLC if you lost the case.With an umbrella policy if you lose the lawsuit, you keep the house and the insurance simply pays up.
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30 April 2020 | 3 replies
Poor kid--where is Child Protective Services in this mess I wonder.Maybe the door handle and lock set are salvageable if they didn't hit them with the ram?
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7 May 2020 | 3 replies
My wife is selling land titled in her name, we want to 1031 the proceeds into a multifamily and own it through an LLC for liability protection.
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4 May 2020 | 2 replies
If I were you and if it were legal, which I don't know if it is, I'd offer to partner with a property owner and get paid the increased rent for x period of time in exchange for the rehab, and have that in a contract that would allow you to put a lien on the property if they did not hold up their end of the bargain and protects you in case they decide to sell.
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4 May 2020 | 2 replies
SBA-2020-0015] 13 CFR Part 120 Business Loan Program Temporary Changes; Paycheck Protection Program RIN 3245-AH34'Under the question 2.
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17 June 2020 | 8 replies
(Wetlands, sinkholes, marshlands, protected area, etc.)Location, location, location?
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6 May 2020 | 17 replies
Looks like there is a way to protect them.
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4 May 2020 | 0 replies
Once that’s done can I transfer ownership of Property C LLC to Blue Capital LLC so that way Blue Capital owns 100% and manager manages Property C LLC.I believe this structure will keep all assets separate and organised and maximise asset protection while minimising liabilities.Any comments or opinions please state below.
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4 May 2020 | 3 replies
I want to maximize income AND write-offs while also protecting our personal assets from any tenant issues.
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8 May 2020 | 15 replies
highlight_post=4860760&page=1#p4860760If you didn't know, the asset protection afforded by a LLC is not always the best way to go.