If you own real estate, such as residential rental property, then you may have thought about managing liability with an LLC. In other words, going completely bare of insurance. The strategy is to pocket the money normally spent on insurance premiums. The LLC shields your liability … [Read more...] about Managing Liability Risks In Residential Rental Property Using An LLC
Archives for 2019
Construction Defect Litigation – Your Last Resort
Litigation over construction defects ebbs and flows in Oklahoma. The volume of litigation often follows the booms and busts of the construction industry. When the level of new construction rises, the potential for profits attracts those who don't really know what they are doing. The result is shoddy … [Read more...] about Construction Defect Litigation – Your Last Resort
How To Set Up An Oklahoma LLC Cheap
Starting an LLC without spending a fortune sounds attractive. You can save the initial cash upfront if you want to work hard doing everything yourself! There are online forms available; some are even “free”. The internet is full of websites crammed full of information for you to read. Videos and … [Read more...] about How To Set Up An Oklahoma LLC Cheap
Top 5 Reasons LLCs Fail When You Need Them The Most
Businesses fail! It’s a well-known fact. The reasons LLCs fail are countless, but sometimes it has nothing to do with management. The unexpected happens and the business is saddled with an enormous debt that it can’t pay. The doors close and operations cease, but the debt collectors and attorneys … [Read more...] about Top 5 Reasons LLCs Fail When You Need Them The Most