chasen and chasen law offices

Real Estate LLC Formation

For our clients who are investing in real estate and would like to limit their liability we offer LLC (limited liability company) formation. Please call us and your accountant to determine if holding your investment property in an LLC is right for you.

A limited liability company is a legal form of business offering limited liability to its owners. Often incorrectly called a "limited liability corporation" (instead of company), it is a hybrid business entity having characteristics of both a corporation and a partnership. It is often more flexible, the owners have limited liability for the actions and debts of the company, and it is suitable for smaller companies with a single owner. The primary corporate characteristic is limited liability while the primary partnership characteristic is the availability of pass-through income taxation.