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Archive for April, 2010

Tips for San Diego Real Estate Investors

Friday, April 23rd, 2010

If you’re a real estate investor here in San Diego, how much do you know about Limited Liability Companies and corporations?  For those who own or will be buying investment properties (e.g. residential or commercial rental properties), you may want to create a California Liability Company (LLC) or corporation.  These business structures can be used to hold ownership of your real estate, instead of having title to the property in your own name. 

What happens if you keep property titled under your personal name? 

If you’re sued and lose the case, then your personal bank accounts and other assets can be used to pay off a judgment.  But if you create an LLC or corporation, then typically only the property in the name of the company will be subject to these debts.  (more…)

Posted in Business Disputes & Lawsuits, Business Real Estate, Home Ownership, Real Estate

What You Should Know if You’re Bringing a New Co-owner into Your San Diego Business

Friday, April 23rd, 2010

You may be thinking of growing your San Diego business by adding another co-owner.  Maybe this person will bring needed resources to the business, or has the connections, skills, or knowledge to boost or expand your business.

You’re probably cautious about who to bring in as a co-owner, and you might not be sure of what criteria to focus on.  Professional consultant Mary Abbajay writes in her blog about “The Partnership Paradox: How to Choose a Business Partner.”  She suggests that you first look at yourself, because this will help you identify the things you need in a business partner.  This includes examining your own goals, strengths, and weaknesses.  Abbajay then suggests a few more questions to ask, including: (more…)

Posted in Business Disputes & Lawsuits, Running a Business, Selling a Business, Starting a Business


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