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Don't Transfer Property Into an LLC Until You Check THIS 

The Real Estate Lawyer
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When you're looking to invest in property, one decision you might face is whether to own that property through a limited liability company, or LLC. Understanding the pros and cons of using an LLC can help you make the best choice for your situation.
An LLC is a type of business structure that provides its owners with limited liability protection. This means that if something goes wrong with the property, like a lawsuit from a tenant's injury, the owner's personal assets (like their home or personal bank account) are generally protected. Only the assets within the LLC, like the property itself, would be at risk.
Tiffany Webber is a real estate attorney and owner of Thomas & Webber, a real estate law firm in Mooresville, North Carolina. They handle both commercial and residential real estate closings, estate planning, and business formations.
If you'd like to work with Thomas & Webber, please email info@thomasandwebber.com
00:00 - Realtor Question
00:44 - Advantages of LLC
02:02 - Buy Now or Transfer Later?
04:13 - Cautions

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30 июл 2024

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Комментарии : 26   
@Gojoe107
@Gojoe107 3 дня назад
Iron land needs your help!
@11dayoldkobold63
@11dayoldkobold63 3 дня назад
Well, I came here for Ironland but I’ve been looking into LLC’s. This was perfect. Thank you for this information.
@haroldbarr8511
@haroldbarr8511 4 дня назад
Please assist Ironland! 😆
2 дня назад
Yeeeessssss
@WalterDorcas
@WalterDorcas 2 месяца назад
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
@rapp-in1mz
@rapp-in1mz 2 месяца назад
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@bonner-qv3mi
@bonner-qv3mi 2 месяца назад
I totally agree; I am 54 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
@WalterDorcas
@WalterDorcas 2 месяца назад
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
@bonner-qv3mi
@bonner-qv3mi 2 месяца назад
"Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment...!
@WalterDorcas
@WalterDorcas 2 месяца назад
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
@SaltedCashews
@SaltedCashews 4 дня назад
Please assist Ironland!
@dudebladeX
@dudebladeX 3 дня назад
Please assist Ironland. Interesting video, by the way. Good information to know.
@zmarfion
@zmarfion 2 дня назад
We ironland people need your help!!
@Milo_noodles
@Milo_noodles 4 дня назад
Please assist Ironland :)
@VaxTax
@VaxTax 3 дня назад
But what about ironland
@MrGtronx
@MrGtronx 2 месяца назад
what specific document or section of the mortgage statement can I see the Due on transfer clause?
@RyanWebber
@RyanWebber 3 месяца назад
SO good
@traceyleeherbert7756
@traceyleeherbert7756 3 месяца назад
Great topic. I love your information! I am a broker in Cailforina.
@TheRealEstateLawyer
@TheRealEstateLawyer 3 месяца назад
Thanks for watching Tracey!
@zam7z20
@zam7z20 3 дня назад
​@@TheRealEstateLawyerplease assist ironland
@dogo306
@dogo306 День назад
please assit ironland
@chithrapriya1145
@chithrapriya1145 22 дня назад
Hi, thanks for this info. Looking into an LLC but we are financing, so the mortgage lender doesnt offer loans to LLC's as they claim this is a commercial loan. How complex is it to transfer title to LLC with a mortgage loan? and cost to do so ? (IL )
@TheRealEstateLawyer
@TheRealEstateLawyer 22 дня назад
In NC its an easy change for a real estate attorney. I'm unfamiliar with IL law.
@zam7z20
@zam7z20 3 дня назад
Please assist ironland​@@TheRealEstateLawyer
@TheCvlt
@TheCvlt Час назад
Please assist Ironland!
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