I have recently seen a post about forming a business trust to protect your assets, I thought that everybody was going for an LLC. I am still not sure what the differences are, and, most importantly, if I should set up...
I'm getting ready to go to closing for my first rental property and I am terribly confused. Facts:-I am purchasing a single family rental property with a conventional mortgage from my bank.-I have created a Pennsylvan...
Hello to all my fellow NH investors,I was wondering if anyone had a referral to a lawyer who could help me out with how to structure my business from an asset protection standpoint. Anyone work with an attorney they w...
I am trying to figure out what is the best action to pursue in order to build the business. I am trying to figure out if I set up 3 LLC's one for Flips, one for Holds and one for operations or should start with a DBA...
Can anyone recommend a good book, website, or other on asset protection? I want to make sure I’m setting up my LLC correctly and properly safeguarding my personal assets.
So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...
Hi all, I paid for a mentorship program with a local builder and investor. I have been meeting with him for the past six months and have an ok relationship so far. He is even starting to introduce me to his inner ci...
There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...
Hey guys! Im searching for referrals to a solid Attorney to help with asset protection strategies and entity structuring. Trying to make myself and my plan "bulletproof"Id appreciate any references! Thanks :)
For many years I assumed my LLC’s Operating Agreement was sufficient until I learned that a Creditor who obtains judgement can have a significant detrimental impact on the entity.
There is an abundance of comments o...