LLC or Living Trust

LLC vs Living Trust: Which is Better Protection? By, Michael K. Elson, Attorney

A Limited Liability Company (LLC) is designed to protect your assets from lawsuit liabilities. A Living Trust is designed to preserve your assets from unnecessary taxes, probate, and court control of your estate when you die or if you become incapacitated. The LLC is a corporate entity featuring liability protection for its owner(s), much like…

Los Angeles Rents

Renting Out the Neighborhood – 101 Zip Codes Switch from Homeowner to Renter Majority By Andrea Neculae

The American dream of homeownership has been rehashed throughout the past decade, with more households renting than at any point in the last 55 years. Although renting was previously considered an alternative brought on solely by circumstances, one-third of this decade’s renters now say that it’s a matter of choice. In fact, according to our previous study, a diverse set…

Mansion Tax

What Could the ‘Mansion Tax’ Mean for Mansions and the Homeless? By Lloyd Segal, President of The Los Angeles County Real Estate Investors Association

The pandemic-induced high-end real estate bubble has been broken, especially in California, according to new data provided by the Wall Street Journal. After riding high following the pandemic, (when selling an upscale house nationwide suddenly meant fierce bidding wars and astronomical selling prices), the high-end market has fallen off a cliff. Some of the reason…