I value LLC protection highly, so this is kind of disconcerting for me.I've also been kicking around the idea of doing a 1031 exchange with my real estate colleague after 1 year and obtaining purchase money financing on one of his properties.

If you get into some issue where work ceases or it can't be completed on time you have really not kept that investor at an agreed level of protection.

Help you define the appropriate business structures, both from a legal protection and from a financial/tax perspective Help you create a tax strategy for your business that will allow you to legally keep as much money as you possibly can Help you make smart decisions with respect to your individual real estate investments Prepare your annual tax returns Recommend other team members (attorney, insurance agent, real estate agent, etc) who can help make your business a success What are your credentials?

Id like to make sure that I keep adequate documentation to protect myself as a property owner.

Only because someone told me to hold my properties in it for protection.

Hello all, I own a 4plex in Louisiana and I know it has 4 vents on the roof, but the vents don't have a protected cover going from the upstairs bathroom out of the roof.So I think the vents just suck up the hot air and it seeps out at any one of the combined 4 vents.Question: Is this normal in a 4plex or should there be a tube the air goes up?

It will provide additional protection for your personal assets should something go awry with the business.

Does the trust share the same protection as the listed insureds in case of loss or claim including lawsuits ?

This is recorded, and protects the lender's security interest in the property.

Until that comfort level is earned we do have mother hens (yes, I'm one of them) here who try to protect our newbies.