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RULE #1 When Investing in Real Estate & Fipping: 🏠
2 years ago
6
RULE #1 When Investing in Real Estate & Fipping: 🏠 Always Use an LLC or business entity when purchasing property. Why? 1. Asset protection: protect your personal assets in case of any legal disputes or claims related to the property. 2. Tax benefits: deduct expenses related to the property and reduce tax liability 3. Easier management: easier to handle maintenance, repairs, & tenant relations 4. Access to financing: lenders may prefer to lend to a business entity rather than an individual If you’re ready to make 20-40% more profit on your next flip, join me July 7-9 at the @parkhyattaviara for my Mastermind! Link in bio 💪🏾 #flippingtoday #realestateinvesting #flippinghouses #howtoflip #realestate
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