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Updated almost 10 years ago,
LLC sales gimmick?? Thoughts...
I just listened in on REIClub's Al Aiello's "LLC Master Machine Asset Protection" System webinar, He has set up a 121 page LLC contract to keep members 100% private and protected from basically everything and everyone, set up in Wyoming (not Nevada like we've tried to be sold on), and includes documentation like min. of meetings, member certificates, operating agreements and resolutions, all documented and ready to go. Plus some additional education/documents like POA letters, how to set up a c-corp within your LLC as 2% for additional tax savings and how to make all previous classes deductible before you own real estate. This also includes setting up your LLC minus state fees.
"All for the low cost of $895".
If you could have invested that money to know these things beforehand, would you have? Is this a steal compared to how much some of you have spent setting up your LLC?