Choosing a tax status for your limited liability company (LLC) isn’t just paperwork—it’s one of the most important decisions you’ll make as a real estate investor. Pick the wrong classification and you could be stuck paying unnecessary taxes, filing extra...
Choosing a tax status for your limited liability company (LLC) isn’t just paperwork—it’s one of the most important decisions you’ll make as a real estate investor. Pick the wrong classification and you could be stuck paying unnecessary taxes, filing extra...
If you’re investing through a limited liability company (LLC) and haven’t looked closely at your operating agreement—or worse, you downloaded a simple operating agreement for your LLC online—you could be setting yourself up for serious trouble. I’ve been helping real...
Land trusts are one of the most misunderstood tools in real estate investing. On the surface, they seem simple—just transfer the deed, name a trustee, and you’re done, right? Not quite. I’ve seen thousands of investors try to set up...
One of the most common questions I get from real estate investors is: “How many rental properties should I put into one LLC?” For maximum protection, I recommend placing one rental property per limited liability company (LLC). This is the...
If you're forming a limited liability company (LLC) for real estate investing, choosing the right name is more than just about registering your business entity. It can directly affect your anonymity.I've worked with thousands of real estate investors to set...
Wondering how to open an anonymous bank account for your limited liability company (LLC)—without putting your personal name out there? It’s absolutely possible. You’ll just need the right documents: an IRS EIN letter, an LLC operating agreement, and a banking...
Investors often hear that transferring ownership of a rental property into a limited liability company (LLC) is a smart move for asset protection. And it is—when done correctly. But if you follow common internet advice and simply "quitclaim deed" your...
Would you like to know how to protect your real estate from creditors, tenants, and predatory lawsuits? The reality is, creditors can’t seize what they can’t find. The most reliable form of asset protection for real estate investors is not...
If you’ve gone through the process of setting up a living trust or land trust, congratulations—you’re one step ahead in safeguarding your assets and planning for the future. But here’s the catch: if you haven’t funded your living trust or...
When it comes to asset protection for real estate, forming a limited liability company (LLC) is a powerful tool. However, as Clint Coons explains in his latest YouTube video, many real estate investors and business owners make critical mistakes when...
Real estate investors often seek tax deductions for renovations, but many miss a key strategy that could double their savings. If you’re planning a remodel on a rental property, you might be missing out on significant deductions simply because of...
Forming an LLC for rental property ownership is a popular strategy among real estate investors, but with popularity comes a fair share of myths and misconceptions.
