Real Estate Investing
The Risks of Moving Financed Real Estate Into an LLC
Your biggest risk in moving a piece of financed real estate into an LLC is you are creating a change of ownership. Even if you are going to fully operate the LLC, the LLC becomes the legal owner of the property.
Forming a Land Trust for Your Properties
As the real estate market continues to thrive, we want to make sure you’re prepared and aware of the options available to real estate investors looking to expand their portfolios in Florida. We’ve talked a lot about owning real estate in your own name vs. owning real estate through the formation of Limited Liability Companies (LLCs). Another tool to keep in mind is forming a Land Trust.
How to Structure LLCs for Your Real Estate Portfolio
Real estate is a thriving industry right now, with people turning dreams into reality as property values skyrocket and the market continues to move throughout Florida. The thriving market has some less experienced individuals getting involved and building up impressive portfolios relatively quickly. With inexperience, however, comes greater risk when investors don’t consider the best ways to structure their real estate business.
What Are the Risks of Holding Real Estate in My Own Name?
Putting your name on an investment can feel fulfilling and secure, but ultimately, holding multiple properties in your own name can actually expose you to numerous risks in the future. We want to explore those risks so you can avoid them before it’s too late.
Requesting Records as a Minority Member of a Florida LLC
As an owner (member) of a limited liability company (LLC), there are still plenty of external factors affecting your company that you can’t control. For members who have a minority stake in the business, this feeling might be even more amplified. Thankfully for minority members of LLCs, the Florida Revised LLC Act provides a number of statutory protections.
One LLC for Each Rental Property? Or Not?
Many real estate and legal professionals advise real estate investors to form an LLC for every single property you plan to own. The logic here is that a judgment against one property only affects the assets of that one property instead of impacting other properties owned by the same LLC. As we’ll explain in this blog, though, the situation isn’t always this straightforward.
