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LLC vs Corporation — holding company structure for rentals

Started by desperate_employee_2026 · Aug 14, 2024 · 419 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DE
desperate_employee_2026 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?

AB
AgentBroker_TX

Been there. Here's what I learned.

In my case, it took about 4-8 months to resolve. The key was filing with the appropriate government agency.

TL
Mod_TermsLaw Moderator

I practice in this area. Here's my take on the legal issues.

The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have the relevant statute years for this type of claim.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

NR
NurseUnion_Rep

Been there. Here's what I learned.

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

ES
eComm_Seller_2022

I've dealt with this before.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

VA
VCAnalyst_SF

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.

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