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Asset Protection/ Personal Protection/ LLC's/ Trusts
Hi Guys
I am a new investor of just around 2-3 months. In those 2-3 months I have acquired a flip property. My main goal in my journey is to acquire long term rental property investments. I realize I need to go speak to an attorney to to still get these questions 100% answered but Im looking for more of current experience.
What do you do for asset protection?
Are your assets in an LLC?
I am currently looking to assets in a trust. Once I acquire property should I have started an LLC and from the LLC put them in a trust.
Looking for some education on these ideas for personal protection.
Thanks guys