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Forums » Tax, Legal Issues, Contracts, Self-Directed IRA » Finding a RE Attorney

Finding a RE Attorney Subscribe to Finding a RE Attorney

5 posts by 2 users

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Joshua Hill


Forum_avatar_avatar-jphsa

Icon_minipost Mar 23 '09, 01:13 PM

What is the best way to find a RE Attorney and what can I expect to pay for services. I am wanting to change the title in my rental properties to an LLC

Edited: 06/26/2010 at 07:41AM


Greg Boots

Real Estate Attorney · Seattle, Washington


Forum_avatar_avatar-gboots

Icon_minipost Mar 24 '09, 12:02 PM

Joshua,

You can check with your State's Bar Association. In most states it is not necessary to have an attorney for title transfer. You might want to check with a local title company which is generally much cheaper than having an attorney handle the title transfer.

Edited: 06/26/2010 at 07:42AM


Joshua Hill


Forum_avatar_avatar-jphsa

Icon_minipost Mar 25 '09, 09:27 AM

Thanks for your help, how safe or protected are Roth IRA accounts from creditors ?

Edited: 06/26/2010 at 07:42AM


Greg Boots

Real Estate Attorney · Seattle, Washington


Forum_avatar_avatar-gboots

Icon_minipost Mar 26 '09, 03:08 AM

IRA protections are governed under state law. Generally, the assets inside of the IRA, both Traditional and Roth, are protected while they are held in the IRA. However, once the funds are distributed they can be attached.

Edited: 06/26/2010 at 07:43AM


Joshua Hill


Forum_avatar_avatar-jphsa

Icon_minipost Apr 17 '09, 10:13 AM

Greg, I just recently got the Quitclaims done.
The title company instructed me to take them to the county and have them changed on public record. With this I would be required to pay doc stamps (about $2000). Is this required with quitclaims , transfering from personal name to an LLC?

Edited: 06/26/2010 at 07:58AM


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