But be realistic about the time and cost of a legal fight.As for the house sitting on the market—it’s a tough mix of timing and price sensitivity right now.

The legal system does not have a gate keeper who decides the appropriate party to a claim before the claim is filed.

If the property in question is the owners personal residence, then ownership in an LLC may negate homestead law protections and tax reductions, as well as negate bankruptcy state homestead exemptions.Not all states recognize SERIES LLCs, and in some states series LLC case law is not well established.While insurance companies strive to “play fair” with consumer/personal residence claims, they consider investment property claims fair game to issue blanket claim denials until the insured hires legal counsel.  

Putting the right legal and financial protections in place can shield your personal wealth, reduce your litigation risk, and limit creditor access.

Quote from @Augusta Owens: A contractor filed a mechanic’s lien against me but misspelled my name, so the lien doesn’t show under my legal name or the property in the Dallas county system.

It’s ugly, expensive, and almost always avoidable.So let’s strip out the legal fluff and get to what matters.

Real estate can expose you to legal and financial challenges—from tenant disputes to creditor claims.

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

Lehi, Saratoga Springs, American Fork), that would be great.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

I have a 14-unit multifamily for sale that can legally be run as an STR, and six of the units are online as STRs.