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Results (10,000+)
K W Do I need a DBA or LLC?
12 January 2016 | 11 replies
Joe,I am sure you already read it, but the answer to your question in this thread was made in this thread (for those who would like to read it)http://www.biggerpockets.com/forums/48/topics/31818-llc-s-vs-umbrella-policyAlso, as Greg stated, the LLC is an "inside liability protection" meaning that you personally are protected from the entity, but the entity is not protected from you.In other words, if you were to drive drunk and kill someone, they (their family) could sue both you and all your holdings, including your assets held inside your entities, but if your tenant falls and sues, they can only sue the entity (unless you were found to be negligent)
Harrison Painter Geithner Plan for Toxic Assets?
25 March 2009 | 7 replies
It appears at first glance that taxpayer funds are going to finance profits for savvy investors in these Toxic Assets.
Joshua Hill Finding a RE Attorney
17 April 2009 | 4 replies
Generally, the assets inside of the IRA, both Traditional and Roth, are protected while they are held in the IRA.
Jesse Ramirez Subject To's Legal In New Mexico? Please Help!
27 February 2016 | 18 replies
You need an education in executory contracts.In NM you can lease, and buy on sub2 or a wrap or seller financing.Get a team together that knows what to do.The contracts I use in a sub2 areThe Purchase And Sale AgreementSeller's Due-On-Sale AcknowledgementThe Quit Claim Deed To TrusteeGet An Authorization To Release Mortgage InformationGet A Limited Power Of AttorneyUpdating The Insurance CoverageControlling The Escrow AccountIf The Mortgage Company Calls The Loan Due What to DoAddendum To Purchase And Sale Agreement Quit Claim Deed To TrusteeAuthorization To Release Mortgage InformationLimited Power Of Attorney Regarding Real EstateInsurance Letter (Adding Additionally Insured)Escrow LetterLetter To Mortgage Company Good luck!
Dave Kennedy Whats secures a business loan?
25 March 2009 | 0 replies
Is the loan based on cash flow of a business model or does it have to do with your current level of income/assets you own?
Calvin N. Best tax approach on rehab
30 March 2009 | 9 replies
You acquired a capital asset and made capital improvements during the year.
Keith Waterhouse Buy and hold success..
29 March 2009 | 5 replies
These investors try to come as close to the 50% rule, but more flexibility must be allowed as you will need a team to property manage the asset.
Richard Warren The People's Bank of China flexes its muscle in call for a new reserve currency
27 March 2009 | 4 replies
sec=topStories&pos=4&asset=TBD&ccode=TBD :cool:
Jim Wineinger Tax sale lists
14 September 2009 | 14 replies
Your county will have an updated list available several days or even a couple weeks before the date of the sale.Many times the taxing authority will publish a list of delinquent parcels in the local paper or legal news.
Evon F Land Trust vs LLC
28 March 2009 | 2 replies
However, a land trust provides absolutely no asset protection.