Rental Lawyer in Columbus, OH
Investing in a rental property is a great way to earn additional income, but it’s important that you take measures to protect yourself and your personal assets from liability. There are several strategies for doing this and a rental lawyer at The Law Office of Matthew A. Schwartz can help you determine the right course of action for your situation.
Attorney Matthew Schwartz has over 15 years of legal experience focusing on real estate law.
His office is located in Columbus, OH and he serves clients throughout the state of Ohio.
Limit Your Liability with Smart Strategies
There are many situations where you could be put at risk as a landlord. Having a quality lease agreement and a good relationship with your tenants is essential. However, you should take further measures to ensure you and your personal assets are protected in the event that a legal claim is made against you. Claims can arise from a variety of incidents, usually involving hazardous conditions on the property and/or personal injuries.
One popular and effective option is to set up an entity for your rental property or properties. When you set up an LLC and give the LLC ownership of your rental property, you reduce your personal liability. The only assets at stake are assets owned by the LLC, which doesn’t include personal assets that are in your name. A rental attorney at our firm can help you decide if setting up an LLC is the right choice to protect you, and determine if there are any additional strategies that make sense for your situation.
Schedule a Free Consultation Today
Contact us today to speak with an experienced rental property lawyer and get the answers you need. We offer free initial consultations by phone and using Zoom video calling. To schedule your consultation, call (614) 829-5796 or fill out our online contact form below and we will reach out to you as soon as possible.