Forming LLCs to Hold Rental Properties – a how-to guide (2024 Edition)

The number of people owning rental properties has been on the rise. With increasing demand for rental properties, especially residential properties in urban areas, more people are seeing the advantages of owning and managing rental properties.

Similarly, with the soaring costs of homes in the United States, just about anyone with the means to do so is getting into the market of renting real estate to others.

This course provides an overview of the law on real estate limited liability companies and how to use this corporate structure as a vehicle to efficiently own and operate rental properties. Among other things, this live program will provide attorneys practical advice regarding common legal matters encountered in forming real estate limited liability companies, drafting operating agreements for rental properties, and holding and operating rental properties. Nathan Osborn, an experienced real estate attorney, will walk you these matters with a specific emphasis on:

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

• Understanding the Business: The top questions
• LLCs v. Other Types of Entities
• Advantages of LLCs in Real Estate
• Should You Put a Rental Property into an LLC?
• Structuring Capital Calls the Right Way
• Crafting Distribution Provisions to Share Real Estate Profits
• Drafting Other Essential Provisions for Real Estate LLCs
• Using a Series LLC
• Maximizing Tax Benefits
• Best Practices for Ongoing Asset Protection and Operations
• 1031 Exchanges

Date / Time: December 30, 2024

• 2:00 pm – 4:10 pm Eastern
• 1:00 pm – 3:10 pm Central
• 12:00 pm – 2:10 pm Mountain
• 11:00 am – 1:10 pm Pacific

Closed-captioning available