Real Estate LLC Formation & Transfer Attorneys in California and Nevada

LLC Formation for Real Estate Transactions

• Entity Selection and Registration: Helping you choose the best legal structure for your needs and registering your LLC with state authorities.
• Operating Agreement Drafting: Preparing a customized operating agreement to outline ownership, management responsibilities, and profit distribution.
• Compliance with State Laws: Ensuring your LLC meets all legal requirements in California or Nevada.

LLC Transfers and Ownership Changes

• Title Transfers: Facilitating the transfer of property titles into or out of an LLC.
• Ownership Adjustments: Managing changes in LLC membership or ownership percentages.
• Tax Implications: Advising on tax consequences related to LLC transfers.

Ongoing Legal Support

• Annual Compliance: Assisting with filings, taxes, and reports to maintain your LLC’s good standing.

• Dispute Resolution:

  Addressing conflicts among members or with third parties.

• Expansion and Dissolution: Guiding you through the expansion, restructuring, or dissolution of your LLC.

Common Questions About Real Estate LLCs

Is an LLC required to own real estate?

No, but it’s often the preferred structure for real estate investors due to liability protection and tax advantages.

Can I transfer an existing property into an LLC?

Yes. Transferring property into an LLC is a common strategy to protect assets. Our attorneys ensure the process is seamless and compliant with state laws.

Will forming an LLC affect my taxes?

LLCs are typically taxed as pass-through entities, meaning profits and losses are reported on the members’ personal tax returns. Our team provides guidance on minimizing tax liabilities.

Can an LLC have multiple properties?

Yes. An LLC can hold multiple properties, but some investors choose to form separate LLCs for each property to further limit liability.