Archived
What are the pros and cons of overriding the default classifications of an LLC to a corporate of a s-corporate status?
Michael's answer
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Answered on September 18, 2015
If you or you & your spouse are the only owner(s) of the LLC, then TYPICALLY the better option is disregarded entity. A close second is to be...
Archived
I rent a townhouse in San Antonio Texas, is changing a billing process that increases my rent allowed?
Michael's answer
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Answered on September 15, 2015
It depends on what the lease contract says. Read the lease & see if it specifies how these charges will be handled.
Archived
How do I transfer property into a revocable trust?
Michael's answer
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Answered on September 14, 2015
I am in agreement with the answers of others. Also, if the real objective is to avoid probate, there are less costly and less complicated ways to...
Archived
Can I claim as principal residence?
Michael's answer
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Answered on September 14, 2015
I would add to Teri's answer that in order for him to claim an exemption for being his residence, the law requires that he actually reside there,...
Archived
Do I have a case against the seller due to nondisclosure?
Michael's answer
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Answered on September 14, 2015
Based on this limited information, I would say you have a strong case for nondisclosure, breach of warranty, and possibly fraud. Highly recommend...
Archived
Texas Tax Sale - Does it include minerals and royalty?
Michael's answer
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Answered on September 14, 2015
You will own whatever the taxing unit conveys to you. This will include minerals to the extent the minerals were owned by the owner who didn't pay...
Archived
Raising Capital for Real Estate - Looking for Advisor
Michael's answer
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Answered on September 14, 2015
In addition to real estate and corporate law, you are also delving into the possibility of securities law issues. You may need a Private Placement...
Archived
Do I need real estate attorney
Michael's answer
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Answered on September 14, 2015
I'm not sure I have all of the facts needed, but as a general rule the fence belongs to the person on whose property it rests unless otherwise agreed.
Archived
If you are buying a rent to buy home do you go by the balance on the contract or the balance through the mortgage company.
Michael's answer
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Answered on September 11, 2015
Your contract and therefore how much you pay for the property is governed by the contract you have with the landlord/seller. How much the...
Can neighbor block easement that's owned by utility company because it's their property
Michael's answer
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Answered on September 11, 2015
You don't have the right to use your neighbor's property unless YOU own the easement. However, if they are blocking a drainage easement and as a...
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