Michael W Lanier Attorney

A short sale is when real estate is sold for less than the mortgage is owed on.  Real estate purchases are often the biggest transactions that buyers and sellers will engage in. There are intricate legal issues that are exclusive to the selling and purchase. Most transactions can be completed without an attorney; therefore, you are typically not needed to engage one to protect your interests. Even though it could increase the expense, it is a good idea to hire a real estate law company in a property purchase. Just a handful of the circumstances where hiring a real estate law company is essential are listed below. Short Deal A short sale is when real estate is sold for less than the mortgage is owed on.  To put it another way, the seller doesn't have enough money to pay off the loan. A real estate law firm should always be consulted by financially troubled homeowners who are thinking about a short sale. The following are typically the requirements for a short sale:  Expe...

LLC companies are tax-exempt and do not have to file taxes with the Internal Revenue Service. This means they can deduct business losses from their taxes each year and avoid double taxation associated with corporate taxes. Owners of LLCs must make sure they maintain accurate documentation and adhere to proper tax reporting practices. A Limited Liability Company can be formed quickly and easily with the help of an LLC Expert. Michael W Lanier Attorney offers a Free LLC Guide and information on LLC benefits. In addition, you will find ideas on how to become a member  of an LLC.