News & Publications

Should You Own Your Rental Property In An LLC?

When it comes to real estate investing, savvy investors are always on the lookout for strategies that can protect their assets while optimizing tax advantages. A popular strategy is forming a limited liability company ("LLC") for real estate investments and rental properties. An LLC is a business entity that protects its owners, referred to as members, from being personally liable for the debts of the company. Below, we discuss the benefits of creating an LLC for your [...]

What Is A Mechanics And Materialman’s Lien?

Also sometimes referred to as a Construction Lien The idea that people who build things need to get paid for the work they do is as old the USA. Back in the day construction workers were called mechanics and around the time when our capital building was being built, they were a little nervous about working for a brand-new government without getting paid upfront. Benjamin Franklin assured the mechanics if the United States government was [...]

Whose Lease Is It Anyway?

An assignment provision is undoubtedly one of the most important clauses in a commercial lease agreement. These agreements can last anywhere from three to five years — or even ten or more, with renewal options — and they are signed with no idea as to the future success, failure, or ownership of the tenant. If that tenant's ownership changes, will their lease remain the same? Those considering whether to acquire or merge with a business [...]