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Updated almost 8 years ago on . Most recent reply

User Stats

88
Posts
41
Votes
Aaron Van Curen
  • Real Estate Broker
  • Fort Wayne, IN
41
Votes |
88
Posts

Identity Protection for REI

Aaron Van Curen
  • Real Estate Broker
  • Fort Wayne, IN
Posted
So my initial plan would be to set up an LLC for each property and assign a trust as the "owner". Then I would place all of the LLC's under a holding company that will more than likely be an S-Corp, undecided though, once I have a significant portfolio. I plan to do this for my Indiana and Florida properties. Then I would have those two (possible) S-Corps owned by a hedge fund that will be owned by the limited liability investors and a Delaware LLC. Now this will only be applicable once I own a significant amount of properties. What kind of identity protection does everyone else use and why? Is it beneficial and worth doing?

Most Popular Reply

User Stats

407
Posts
214
Votes
Stanley Parsley
  • Investor
  • Chandler, AZ
214
Votes |
407
Posts
Stanley Parsley
  • Investor
  • Chandler, AZ
Replied

with the amount of information available these days you really have to spend some coin if you want true protection

youll have to develop your entity in a state that does not share corporate holders- Delaware- Nevada ect..

then your going to have to pay for all the mail routing and a place of business in that state plus the monthly service charges for all the other things that come up

enjoy

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