Seeking Advice on Asset Protection for Out-of-State Real Estate Investments

[Anthony Dupre]

Hi,

My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pennsylvania. Our goal is to purchase two multifamily properties per year, and we want to ensure that we establish the most effective structure for asset protection from the outset.

We’re exploring options such as Subsidiary LLCs, Parent LLCs, and Irrevocable Trusts to maintain both asset protection and anonymity. I’d greatly appreciate your thoughts or suggestions on alternative approaches we might consider. the pro and Cons of this approach recommended by a lawyer, when it comes to tax, refinance, etc..

Additionally, if you know of any CPAs or lawyers in your network who specialize in real estate investments and asset protection, I’d be grateful for a recommendation (DM me)

Looking forward to your insights, and thank you in advance for your help! Wishing you a Happy Thanksgiving!

Best regards,
Anthony