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Updated almost 4 years ago on . Most recent reply

User Stats

106
Posts
54
Votes
Khaled El Dorry
  • Casselberry, FL
54
Votes |
106
Posts

Asset protection methods

Khaled El Dorry
  • Casselberry, FL
Posted

Good day BP - how have most of you gone about legally protecting your assets from lawsuits and liabilities? My research lead me to trusts/LLC combos in Nevada as the "standard" way but before I plunge in I would like to get some feedback.

My situation is 7 doors all financed with standard 30 year fixed loans and I’m less than 3 years into all loans. Plan is to keep them and pay them off or 1031 exchange them up at some point. That part is TBD.

Thank you

  • Khaled El Dorry
  • Loading replies...