What BiggerPockets Isn't Telling You [LLCs in Real Estate]

1 year ago
22

060818 Like and subscribe. This is an archive, check the link in the end if you are owner. Should you use an LLC for real estate asset / property protection? What about rental properties and protecting them via LLCs to prevent your personal assets from being claimed by creditors? What about umbrella insurance, the alter-ego principle, fees, tax-prep fees, the idea of a "partnership" in real estate and much more information to help you decide: is the LLC right for you? Note: I'm not an attorney and can't provide legal, tax, or financial advice, so if you need that, I can't help you make the final determination as to whether or not the LLC is right for you. Let this be an introduction to questions you might ask your attorney or tax professional. NEW 40% off Coupon code ImNotLeaving 🔥🔥🔥 Lifetime access to programs on building your wealth & new updates in stocks, real estate, management, sales, or Youtube. https://metkevin.com/join Want deals off market / before they hit the MLS? Checkout https://metkevin.com/deals for DealMachine!

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