Updated over 9 years ago on . Most recent reply
Own Nothing but Control Everything!!
I recently attended a real estate investment class and was advised to never purchase real estate in my name but form an LLC or S-Corp And use this to purchase instead. Does anyone else follow this advice?
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Steve Vaughan
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#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
Larry. Make sure you haven't negated your hazard or title insurance by quitclaiming your interest out of the insured asset.
Much more likely to need the insurance than protection from the 1 in 18 million slip and fall suit everyone seems to fear. Cheers!