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Legal: Setting Up an LLC in Montana

Step One: Determine Your Business Structure It is most likely best to form a LLC, limited liability corporation to provide the most shielding from personal assets when dealing with potential rental properties. Click organizational structures for more information. Step Two: File Organizational Documents An Application for Registration of an Assumed Business Name. File this form […]

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Legal: Seller-Financing Restrictions Under The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act created the Consumer Financial Protection Bureau (“CFPB”), and with other laws, has expanded previous regulations concerning the licensing, training, screening, and compensation practices of loan originators, mortgage brokers, bank officers, and lenders in general, in consumer loan transactions. On January 10, 2014, the Loan Originator Rule […]

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Taxes: Setting up an LLC to buy a house

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