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Investing in real estate, whether in your home country or abroad can cause problems. Legal advice is often expensive and it can be difficult to find an attorney that understands your needs.
The Stateside APM legal advice helpline provides unlimited phone access to an independent attorney that will provide legal advice, not just relating to your property, but for any issue you may have. If you need them to take action for you, we’ve even negotiated special rates for our clients, making it affordable to take action if needed.
This option is available to any client that signs up to one of our subscription services.
Once signed up, simply call our office and ask for our attorney.
We can establish your LLC (or any other entity) in almost any State And open a US business checking bank account to go with it, regardless of where you live. All entity establishment includes the tax ID (EIN) and an operating agreement.
Most real estate investors in the USA own their properties within a Limited Liability Company (LLC). LLC are a cheap and efficient way to protect your liability. Stateside APM can establish LLC’s in most states.
Owning a rental property in your own name exposes you and your worldwide assets, should you be sued. If someone got injured whilst on your property, you could be held liable and they could sue you for damages. If you own the property in your own name, they would sue you personally and would therefore be able to sue you for your total wealth, which may include your own home and any other investments you may have.
However if the property is held in an LLC they would only be able to sue the LLC as that is the legal owner. Therefore the only assets held by the LLC would be the property and the bank account, thus greatly reducing your exposure.
The cost of setting up and maintaining an LLC is very small compared to the protection it affords and we would always recommend owning rental or holiday property within one.
Certain countries revenue services do not recognize LLC’s and where this is the case other entities are available which offer the same protection.
Each LLC requires its own bank account to ensure that the limited liability protection is maintained. These US bank accounts are becoming increasingly difficult to obtain, for non-resident beneficial owners. Stateside APM have worked very closely with a major US bank and are able to open business bank accounts for most nationalities, without the need to visit the US.
Please contact our Resident Agent department for full application details at email@example.com.