When it comes to owning property with others, the legal landscape can be as varied as the Texas terrain. Whether you're sharing a ranch in the Hill Country or a condo in downtown Austin, understanding the different types of cotenancy is crucial. Let's dive into the world of tenants in common, joint tenancy with rights of survivorship, and tenancy by the entirety, and see how they stack up against ...

The ago old question (or at least a question of the past couple of decades) arises again: should I use a limited liability company to hold investment property? To answer the question, let's first start with a brief analysis of why the question is important to answer in the first place, and what options you have.

For clarity let's distinguish the Limited Liability Company, as a formal entity, from...

What exactly is an "entity"?

If you have ever been in a discussion over dinner or coffee, especially with a budding entrepreneur or established business owner, the business shop-talk may have turned toward the nebulous topic of entities. If you were like me when I was first a part of these conversations, I did my best to nod my head, pay attention, then look at my watch, look for another set of p...

Calling all small business owners (and future business owners)!

Have you ever wanted to start a business, thought about starting a business, or dreamed of what it would be like to call yourself a business owner? Are you a budding entrepreneur with a side hustle at a tipping point into "more than I can handle" without it being a full-time gig? Are you thinking, right now, that you would like to be...