Legal Question in Real Estate Law in New Jersey
I want to equally buy in the name of my 3 kids,the youngest is 20-yr and non of them is married, a one-family house as an investment. I also want to be the one who manages the property. What is the best ownership method?
Partnership, llc, or form a company?
Asked on 3/19/12, 2:29 pm
1 Answer from Attorneys
Larry Raiken
Larry S Raiken LLC
I would put in a LLC with you as the managing partner and the only person allowed to sign for the LLC
Answered on 3/20/12, 6:43 am
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