When you hold a property in a LLC, does it release your private liability for everything?
Also when you don't pay your note?
Also when you mismanage your LLC?
Where can I verify this information?
Thank you so much ...
If you were to have a sheriff sale against your personal property due to a dispute with a creditor, is there a way to stop or postpone the sheriff sale to either set up payment plan or dispute the claim?
I havent had a credit card since college 8 years ago, I am a renter, and my score is 600 at last check. I don't really have any way for my credit to get better other than just wait it out.
How do I improve my score?...
Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
Hi All,
I'm trying to expand my outreach for wholesale opportunities, Probate being one of them. 2 Questions basically:
1) Would you go the yellow letter route? If not, what would you do?
2) This is what was po...
In my research I have noticed that a few investors will put their personal residence in their wife's name. Is the smart in terms of asset protection, does it provide an added benefit?
Also, lots of talk from people w...
Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...
I've got an offer on a short sale in Portland that has been accepted by the owner (actually it's the bankruptcy trustee) and also approved by the lender. The listing agent said that the sale of the house now has to go...
I want to protect my assets. What is best an SLLC or a revocable living trust. What is better as far as protection against lawsuits
As the Guardian Fund LLC bankruptcy continues, we have been getting several calls regarding properties that owners are just now figuring out are titled in their trusts. If there is anyone that has been a victim here a...