Private members-only forum

LLC vs Corporation — holding company structure for rentals

Started by CounselK_21 · Apr 15, 2024 · 419 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
CO
CounselK_21 OP

Looking for advice on a legal issue. Here's what happened.

holding company structure for rentals. I've been dealing with this for about 3 weeks now and the situation isn't improving.

I have already tried to resolve this directly but did not get a clear answer.

What's the typical outcome in situations like this?

AT
another_throwaway_15

Not a lawyer, but I have direct experience with this.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run ngl.

JT
just_tenant_78

Following this thread - very interested in the outcome.

QO
quick_owner_28

Make sure your operating agreement covers this scenario. Many template ones don't.