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Three. Beware from renters:

 

if you are planning to take a position your income in a condominium property, then ensure to create an LLC or a separate trade entity to protect your belongings. If you are no longer doing this, you are indirectly giving undesirable potential to your tenants who can then sue your condo property in any disgruntle trouble.

 

Four. Flip your informal partnerships to authorized trade:

 

The danger of casual partnership is anyone similar to that of getting a joint account. In case you are a part of an casual partnership, then you are taking the responsibility and legal responsibility of your associate’s mistake too. Shield your self with a authorized and formal partnership and

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