A Guide To Real Estate Investment In So. Fla.: Part 2

Law360, New York (January 21, 2014, 6:54 PM EST) -- The Florida Legislature recently performed a complete rewrite of the Florida limited liability company statute (the new act). The new act makes a number of important changes that account for the way in which LLCs are used today.

In Part 1 of this article, we recognized the general rule that real estate investors should own investment properties though individual limited liability companies to protect themselves against liability. Part 2 of this guide explores some of the more important changes and nuances found in the new act....
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