These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Legal & Compliance LapsesYou don’t need to be a lawyer, but your team better know landlord-tenant law cold.

We’ve completed over 10,000 work orders, found homes for hundreds of residents, changed the legal environment around us, and built one of the best contractor networks in the city.

A good first step is to confirm zoning and permitting requirements with your city or county—every area has different rules for creating a legal rental unit, especially when adding a separate entrance or kitchenette.

Luckily, there is a long trail of litigation under the Fair Housing Act 1934 and the AFH Amendments of 1988 which established the legal grounds for those in recovery (by definition "disabled") to live together in a single family home.

If you are looking for a place for yourself, can you find a place with a legal suite where you can live while renting out the rest of the house?

Do not rely on it for legal advice.

Putting your rentals into an LLC vs just keeping them in your personal name with umbrella coverage comes down to weighing liability protection, costs, financing, and taxes.With an LLC, you can create a legal separation between you and the property, so if a tenant or guest sues, in theory they’re going after the LLC’s assets, not your personal ones. 

My firm does not handle this type of practice, but I often recommend starting with the state bar association and Martindale.com to find quality representation if you're starting from scratch.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.