I have the question out to my attorney but figured I'd see if I can get a general preview of his answer here. I'm curious about the following:

Can creditors keep contacting/harassing the Rep about debts owed by the ...

I will set up my question with some background info. I am married and 31 years old.  I have 4 rental properties ranging in value from 135k-170k. Between these 4, I have approximately 140k in equity. I do not take any ...

I have a three-bedroom, two-bath house. One bed and one bath are accessible through a separate entrance. I am going to be building an ADU in my backyard soon. It is my understanding that it’s likely to eventually be l...

Got a call from a tenant this morning that there was a drive by shooting at one of our rental properties.

About 40 bullet holes sprayed all across the house, tons of damage to the interior area well (cabinets, door...

I want to sell a 4 unit Rental in Decatur GA for about 1.2 million.   I have a 470k 1st mortgage at 2.5%.   gross rents are 84k/year -20k (taxes insurance, maintenance) = 64k net income.  
If i sell it for cash I wil...

I got the phone call yesterday that every landlord dreads "there's been a fire!'.

A tenant left something on the stove and went to check on her child in the bath, and a fire started on the stove. The mother and child...

Are there any tax benefits to doing fix n flips where you sell the LLC that the property is held in vs. selling the actual real estate?

Example: Purchase and rehab a house in an LLC, then sell the LLC.

...

Hello All, I own four properties, which include a duplex, a condo, a single-family home, and my primary residence. I've been researching ways to protect my assets effectively, and I'm considering creating an LLC owned...

Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...

My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason.  It made sense to me that basically the tenant can only go...