Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Ask About A Real Estate Company
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

Account Closed
  • Cape Girardeau, MO
25
Votes |
101
Posts

Asset Protection from Anderson Business Advisors or other firms.

Account Closed
  • Cape Girardeau, MO
Posted

I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the company that I'm considering going with at this time. One of the attorneys (Clint Coon) has some youtube videos out where he specifically address the various forms of asset protection, anonymity compliant states and charging order protection states. He's also a real estate investor and isn't the only one in his firm that is an investor. I'm not only inquiring about Anderson (so this post is partially redundant), but I'm also inquiring as to if anyone has use any other business firm for asset protection and what they think of any other firms. At this time, (to establish background), I'm an Entrepreneur (not an investor yet) with an LLC out of Arizona (formed back in 2014), but have recently (December 2016) relocated to Missouri. At this time, I plan to keep my Arizona LLC until I run across legitimate information advising otherwise. So I'm looking at either opening an LLC in Missouri or filing for a foreign LLC to run in Missouri from Arizona. Why keep Arizona? Because not only I do plan to do investing there, but also want to be able to counter-sue any illegitimate lawsuits from greedy people in Arizona. I can't do that if I'm not registered to do business in that state. So, for MY investment purposes, I'm looking to open my initial LLC in Missouri (as previously stated) and then to expand my company to Illinois, Tennessee, Kentucky and possibly Arkansas while I consider Georgia as well. Based on information that I've received (yes, from Anderson in one of his public videos not direct advisement from his firm), I'm looking at opening a Nevada or Wyoming LLC and then making my Missouri LLC and member (if that's the right term) of that LLC because of anonymity that Wyoming and Nevada provides. I need a good asset protection company/firm that can handle this. Of course this can be expensive for me ,but I'm thinking I'll get all the information and then decide if this the route I want to go for my company. What I do not want is to be on here months or years from now posting that I lost my company because I didn't have asset protection. I'm interested in protecting any company that I own, but the bigger the company that I build, the more I'm interested in protecting my baby that I'm growing from the ground up. For anyone curious, I searched the BBB and while Anderson does have an A+ rating, there are no reviews or complaints that have been filed with them.

Loading replies...