Many small business owners form a single-member LLC because it is simple, flexible, and provides personal liability protection. However, too often, they overlook one of the most important documents for their LLC: the Operating Agreement. Without an Operating Agreement, it is easier for someone to argue that your LLC is a “sham” or an “alter ego.” An operating agreement strengthens the shield that protects your personal savings, home, and other assets from business risks.

This is the time of year when many people begin that trek to their vacation homes. According to the National Association of Home...

Whether a trust or an LLC is a better choice may depend on the type of asset, but you do not necessarily have to choose between the two.

Having an operating agreement can provide your business with many benefits and can help you avoid significant problems.

Pay now, or pay later. This is so true when forming a limited liability company (LLC) to run your business.

The ideal form of ownership varies depending on the type of real estate you own. Therefore, it is important to have the right advisors.

But before you list your second home for rent, there are a few things you should consider.