I'm a new agent in Illinois. As a licensed agent, are you incorporated or protected under an LLC? I was planning on doing so for tax purposes as well as lawsuit shelter. Not that I plan on being negligent but RE agen...
So yesterday I was made aware of a summary judgement against me by Dallas County from a prior tenant in one of my rental properties. Turns out my Registered Agents failed to notify me of the case, so I didn't appear ...
I live in Los Angeles county and I'm looking to buy rental property. I am searching outside of Los Angeles due to the high prices and competition here. I am interested in knowing what I would have to take care of for ...
Hello,I am thinking about starting a private lending company at some point in the future and was just curious what would happen to the mortgage if a tenant decides to sue the landlord and wins. Assuming the tenant tak...
Currently my wife and I are considering establishing some type of business entity. One of our options would also be to form a living trust but we are not educated as to the type of liability protection a trust would ...
If I am selling a house that used to be a meth lab, if I disclose it was a meth lab and have the buyer sign a hold harmless would that take off the liability of future lawsuits? I know I need to consult an attorney bu...
Hello, everyone -- I'm a novelist doing research. In the story, there's a deserted six-story apartment building that is in condemned condition. Urban explorers and homeless people pass through there to party, to simpl...
Glad I waited to do anything after moving here over a year ago. So, in FL there's an "insurance crisis" in some areas leaving homeowners and landlords with double and triple their premiums from the previous year if th...
When choosing a bank to open a business account for an LLC what do you look for? ... relationship with a small local bank (to partner with on buying rental property)....favorable low fee checking account options....a...
I own a few rentals and I'm thinking of using a LLC to manage the rentals. The properties are in my personal name. Is there any benefit to using a LLC to manage my rentals? Anyone doing the same?