This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

admin

Home/admin

About admin

This author has not yet filled in any details.
So far admin has created 2 blog entries.

BUYING INVESTMENT REAL ESTATE IN CALIFORNIA THROUGH AN LLC

2017-05-25T22:10:02+00:00 Categories: Corporate Structure|Tags: , , , |

You are about to purchase an investment property in California. This is your first foray into the real estate market (aside from your personal residence), and you are wondering how you should hold title to the property. You are considering using a Limited Liability Company (LLC) for your purchase, but you are unsure of what that entails. In short, the general “pros” include asset protection/liability indemnity avoidance, anonymity, tax advantages, and estate planning benefits. The general “cons” include additional costs and potential difficulty in obtaining a mortgage. Advantages of an LLC For many investors, an LLC is the best way to purchase property. Arguably the biggest advantage is asset protection/liability indemnity avoidance. In California, one cannot avoid being sued; one can only protect his or her assets in case of a lawsuit. While it is important to have liability insurance, that might not always protect you in a lawsuit. (For example, intentional torts are not covered by insurance.) However, the plaintiff in a lawsuit will generally only be able to pursue the assets held within an LLC, and not the personal assets of the members of the LLC itself. This significantly limits the potential liability exposure of the true owner of the property, and his or her assets. For example, if someone files a claim or lawsuit as a result of slipping and falling on water from a leaky pipe or some other allegedly dangerous condition, the claimant/plaintiff can pursue the assets held by the LLC, [...]

Comments Off on BUYING INVESTMENT REAL ESTATE IN CALIFORNIA THROUGH AN LLC

Due Diligence When Purchasing Commercial Real Estate

2017-05-25T22:02:26+00:00 Categories: Commercial Real Estate|Tags: , , |

“Caveat emptor.” It is Latin for “let the buyer beware.” This adage holds true for commercial real estate transactions, which is why it is so important for the purchaser to conduct proper due diligence. What is due diligence and why is it necessary? Due diligence is generally defined as, “a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential.” In the context of purchasing commercial real estate, due diligence means a thorough investigation of all aspects of the property, primarily to confirm you know what you are purchasing and there are no surprises after the transaction closes. Carrying out due diligence the right way can be costly, because it could involve hiring experts in a number of different fields. However, it is worth the expense, because buying a property without conducting proper due diligence could lead to financial disaster. A good real estate attorney will ensure the purchase contract allows for sufficient time to conduct proper due diligence and also include provisions for terminating the transaction and getting a refund on the deposit, if certain conditions or circumstances are discovered during due diligence. Proper due diligence should include investigating every aspect of the property, including rights conveyed, title reports, environmental inspections, building and zoning code compliance or restrictions, insurance policies, lease agreements, and all financing issues, including contracts and future ownership costs. This article discusses the major parts of due diligence in purchasing [...]