Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
How to best protect my assets?
Hi guys,
I am going to be meeting my attorney in next few days, but I thought I ask BPers for some feedback and this way I can be better prepared to meet my attorney.
I own most of properties free and clear and currently they are under a few LLCs. I feel a little exposed with the current set up, so I have been thinking of moving them to separate Land Trust for each property and having a LLC as the beneficiary.
What are the benefits and drawbacks of doing this? Any feedback will be much appreciated.
Sharad