Corporation

kaschlegel profile photo

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 oh oh

Comments(2)

  • RobMather27th September, 2003

    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.

  • kaschlegel27th September, 2003

    Thanks alot, i'll check into it.
    Kim

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