Reducing A Real Estate Investor’s Legal Exposure: The Importance of Having an Operating Agreement
Create a Limited Liability Company Real estate investors should consider forming a limited liability company (“LLC”) for their business. Forming an LLC has two benefits. It allows for simple tax reporting at the owner’s tax rate while limiting the owner’s legal...
Protecting a Senior’s Real Estate Assets: 5 Ways to Help Seniors Avoid Elder Financial Fraud
Protecting a Senior’s Real Estate Assets I recently had a client who came to me complaining about an investment home that their 74-year-old father owned. He had sold the property to a real estate agent’s son for a substantially below-market value. Considering...
The Fear Is Real: What NOT To Do After The Equifax Data Breach
September 29, 2017By Teresa Dixon Murray, The Plain Dealer CLEVELAND, Ohio — In the week since Equifax disclosed its horrific data breach, much has been written about what to do. Now, it’s time to talk a bit about what NOT to do: Don’t think that because...
With The FBI Investigation of Ralph Roberts, Here Are 7 Things Michigan Homeowners Can Do to Protect Their Property Rights
How to Protect Your Property Rights The FBI and local law enforcement officials raided the business offices of realtor Ralph Roberts. Roberts was the subject of an ongoing criminal investigation and several news probes. In controversy was his alleged...