Corporation
Hi,
I dont know anything about the legal side of investing at this point and how to cover my personal assets.
After I learn more about how to run a business, is it legal for me to sell my properties to the business so they're protected under the business name?
If so, can I sell them at a profit if I have alot of equity in them?
ANY help on whats allowed and whats not allowed would be appreciated.
Thanks!
Kim
Kim. Suggest you grab a copy of " Real Estate Loop-Holes" By Diane Kennedy & Garrett Sutton. Some good initial thoughts on asset protection. Suggest you consider holding property within a LLC that is controlled by a Limited Partnership. Bounce that off your advisors & good luck.
Thanks alot, i'll check into it.
Kim