Getting your personal life off the hook and protected behind a corporate veil is the primary reason for having an LLC. But in most real estate investment situations, the investors personal name remains upon the note rather than the loan being in the LLC’s name. I explore the ways in which to fix this, and how the banks see things.
Create An LLC
Maintain An LLC
- Author: Spencer
- Published: May 19th, 2009
- Comments: None
- Category: A's To Q's From Readers, Articles of Organization, LLC Corporate Veil Protection, LLC Liability, LLC Registrations (LLC Filing Process), LLC Tax, New Business Funding, Organize vs Incorporate, Putting Property In An LLC, Single Member LLC, The LLC and Credit Worthiness, The LLC and Real Estate
How Do I Get My LLC a Loan? Financing For Businesses (especially an LLC)
- Author: Spencer
- Published: May 15th, 2009
- Comments: 3
- Category: A's To Q's From Readers, LLC Corporate Veil Protection, LLC Liability, Limited Liability Company Explained, Putting Property In An LLC, Series LLC, The LLC and Real Estate
Do I need to form an LLC for each rental property I own?
So you own rental properties, and you need to protect them. Do you form an LLC for every single rental property? Or do you throw all the eggs into the same basket. I discuss it here.
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As a business law attorney and founder of STARTright, Spencer Rose is the driving force behind STARTright, and the voice behind STARTright Talk. A graduate of Boston University School of Law, Spencer developed STARTright to help entrepreneurs navigate the waters of starting a new business, especially the legal and tax aspects. "Talk is my opportunity to write about all kinds of aspects affecting entrepreneurship and business building." Follow Me On These Services
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