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Choosing the Correct Business Entity: LLC Not Always the Best Choice

LLC’s seem to be the fad right now across the U.S.  For many situations, the popularity is warranted.  However, it is important for an individual to assess the true nature of their “business” before rushing into the formation of a particular business entity. ...

Owning Real Property as an LLC or other Business Entity

Many real estate investors’ properties are owned under a separately formed entity–many times, but not always, by LLC’s. Such alternative ownership structure protects one’s personal assets. For example, if a claim or lawsuit arises relating to real estate owned by a...