Written Contribution by Ryan Blaney From our last article you might remember the mighty LLC. The LLC is a legal business entity whose members cannot be held personally liable for the company’s debts or liabilities. Limited Liability Companies are considered “hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.” […]
Written Contribution by Ryan Blaney Unfortunately, there is no “one-size-fits-all” answer for the best business entity type, so let’s take a look at some of the most common types of business entities and what a business owner should know about each one. The first step for choosing the right legal structure for your business is […]
One of the most significant factors to consider when establishing a business entity is the flexibility it provides for a seamless succession plan. Flexibility enables real estate investors the ability to transfer ownership easily. Sole proprietorships are very flexible and easy to transfer because owners of sole proprietorships possess personal liability for any and all […]
