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Updated over 3 years ago on . Most recent reply

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26
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Chase Maglangit
  • Ewa Beach, HI
36
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26
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Nevada corporate headquarters incorporated

Chase Maglangit
  • Ewa Beach, HI
Posted

I was just wondering if anyone worked with Nevada corporate headquarters? They work side by side with rent to retirement and seem like they are giving more than I really need in order to own one turnkey rental property. I’m new to out of state investing and I want to have protection for my property. I just feel like it’s a bit much. Anyone have the same experience? If so, how do you set up your entity? Any recommendations on structuring my business? ANY advice!!! Aloha!

Most Popular Reply

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Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
3,664
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1,888
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Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
Replied

@Chase Maglangit

I would approach this from an educational standpoint to further your knowledge about different options to decide what is the best option for you.  NCH does all of our personal asset protection, accounting, estate planning, SDIRA investing, business credit, etc.  This is not overly complicated, and NOT expensive to maintain.  Each state has it annual renewal fees for an entity which is all we pay on an ongoing basis, and there is no way around that.  We've had an excellent experience working with them, and they have been very valuable in regards to saving us an extreme amount on taxes & helping us further our business.  They have been the right fit for our business needs, but you need to determine what is the best fit for you.  At some point in your investing career you will need appropriate asset protection in place, and there are many ways to structure that depending on your situation & your goals.  They have offered to give all of our clients as many free consultations as needed to educate you on the services they offer.  I would encourage everyone to at least have the conversation to further educate yourself on the options.  Many CPAs & Attorneys will charge $300+ an hour just to ask questions...I've been there plenty of times.  Also, if you talk to 10 different attorneys you will likely get 10 different opinions on the correct way to do things.  Main take home is the more you learn, the more successful you will ultimately be.  So I encourage you to take any opportunity to learn about the benefits of asset protection, tax benefits of RE investing, SDIRA investing, etc.  Hope this helps.

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Rent To Retirement
5.0 stars
274 Reviews

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