by Howard C. Stross | Apr 7, 2025 | Business Law, Commercial Real Estate, Real Estate
For commercial real estate, one critical aspect that often comes into play following natural disasters, such as hurricanes or floods, is the Substantial Damage rule. This rule, coupled with density regulations, often negatively impacts how commercial buildings are... 
by Howard C. Stross | Mar 19, 2025 | Business Law, Commercial Real Estate, LLC
What is a Self-Directed IRA LLC? A Self-Directed IRA LLC, sometimes referred to as a “Checkbook Control IRA” or “IRA LLC”, allows investors to directly manage their IRA investments through an LLC. What are the steps to establish an IRA LLC? Set Up a... 
by Howard C. Stross | Feb 12, 2025 | Asset Protection, Business Law, Business Succession Planning, LLC, Small Business
When setting up an LLC, many business owners overlook key parts of their operating agreement. The LLC Operating Agreement is a document that serves as the foundation of your LLC’s internal operations, yet common gaps can leave you vulnerable to legal disputes and... 
by Howard C. Stross | Jan 29, 2025 | Business Law, Business Succession Planning, LLC, Small Business
This is the first in a series of business law articles that will discuss overlooked topics that many LLC operating agreements do not include or, if included, do not clearly explain the topic. These omissions can lead to disputes among members, confusion about what... 
by Howard C. Stross | Dec 3, 2024 | Asset Protection, Business Law, Business Succession Planning, Buying and Selling a Business, Small Business
A Shareholder Agreement is important if you own shares of a corporation (also called “stock”) along with one or more other owners of shares (called “shareholders”). If the shares of stock you own are shares of a publicly-traded company, you can sell those shares as... 
by Howard C. Stross | Mar 22, 2023 | Business Law, Commercial Real Estate, LLC, Small Business
Before you become a “minority” owner of a business, here’s what to consider… A business is “closely-held” when ownership is severely limited and those limitations extend to an owner’s ability to withdraw their investment and “retire”. A...
