Posted by JHyre in Ohio on January 30, 2002 at 06:23:47:
The property should have been in an entity BEFORE the slip and fall. Transferring it now would provide protection for you against future incidents, not the slip & fall. If it’s a rental, LLC is generally better than S-corp.
John Hyre
S-Corp (quitclaim from my name to s-corp) - Posted by Wanda
Posted by Wanda on January 29, 2002 at 17:59:18:
I have a rental property that’s under my name. Can I do a quit claim or transfer the deed to my s-corp so my corp will be responsible for any lawsuits? One of my tenants slipped on the stairs and threatened to sue me. It was a close call, but the thought him suing me personally was scary. What should I do?