In this video, I’ll show you how to protect your build-to-rent property for maximum asset protection against any possible lawsuits.
Would you like to learn more about this topic and talk to someone? 📞 Schedule a free consultation here: https://aba.link/4d6071
If you’re building a multi-use property, it’s crucial to understand the potential risks, including injury claims that could arise long after construction is completed.
I’ll walk you through the steps to ensure your asset is protected, starting with using a Limited Liability Company (LLC) during the build phase. We’ll also discuss strategies for transferring the property to a separate LLC after completion to safeguard against lawsuits.
Plus, I’ll share how setting up an installment sale can provide added protection for your assets.
1:04 “Develop a strategy around making sure that type of lawsuit will not get to your asset.”
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Show Notes:
0:00 Intro
1:17 Placing Asset into an LLC
2:05 Anonymity LLC
3:38 Selling Property to LLC
6:38 Understanding This Strategy
7:25 Assigning Note to WY LLC
9:15 Final Tips
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CONTACT US
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Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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