Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its registered state in order for the LLC protections to apply, otherwise a judge could potentially pierce the corporate veil.

But as was mentioned above, you need expertise and experience.For the first 2-3 years of activity investing in real estate, I had to use my own money sources for down payments.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

I have no doubt you’ll continue to achieve great success in your investment journey.

What a story we can all tell in this journey called life :) 

Welcome, best of luck on your journey

Congrats on taking the first steps on your investing journey.

@Steve Vaughan Yeah I am just starting out on my journey right now, I thought a $1500 course was a lot to me but I can see how it could've been worse.

I don't think any insurance carriers will give you a new policy these days if there is active K&T. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.