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When is it appropriate to place one rental property into an LLC? If your looking to make a name for yourself in the real estate world then there is a pretty good chance you're going to need a business entity to back your practices up.
You may be plagued with questions like…
“Should I move my rental property into a Limited Liability Company?” 0:07
What are my alternative choices to an LLC?
Why do I need an entity at all?
And so on and so forth.
Wouldn't it be grand to have an experienced lawyer with years of experience and knowledge to answer your questions right now? Well Clint Coons, Esq. is the very answer to when or when not to move property into an LLC.
Listen up, friends. It's important to have a business entity in place when renting out your property. While the LLC is the most common type of entity it isn't always best for everyone.
Watch the video above to learn more about the LLC and when it's best to use it.
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Are there any questions you have about the LLC? Please leave them in the comment section below. We'll do our best to answer them as soon as possible.
We hope you enjoyed our video, and we look forward to helping you with any legal needs in the near future.
Show Notes
0:00 Intro
0:27 Should You Utilize An LLC
3:33 When Not To Use An LLC
5:37 Outro
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, 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.
#llc #rentalproperty #anonymity
Should You Move Your Rental Properties Into An LLC?
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