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How To Set Up An LLC for Real Estate Investing

Would you like to learn more about LLCs for real estate and talk to someone? Schedule a free consultation here: https://aba.link/en5 In this video, I'll discuss the essentials of setting up a Limited Liability Company (LLC) tailored specifically for real estate investors. Starting with the basics, it's crucial to establish your LLC in the state where your property is located. This is a common oversight among investors who might be tempted by the asset protection benefits of states like Wyoming, Nevada, Delaware, or Alaska. Another important consideration is choosing the right type of LLC—manager-managed or member-managed. In a manager-managed LLC, you appoint a manager to make all operational decisions, while a member-managed LLC is controlled directly by the members. I hope you enjoy the video and be sure to leave your questions in the comments. 🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more! Show Notes: 0:00 Introduction 2:00 Where The Property is Located 5:45 How Investments Will Be Taxed 8:07 S-Corp and C-Corp Explanation 10:57 One Property Per LLC 12:18 Final Notes --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://www.youtube.com/c/RealEstateA... ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/s0p ~~~~ FINANCIAL PLANNING & RESOURCES 📚 Order Your Copy of "Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors" Here: 👉 https://aba.link/nxtlvl Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/by2 For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba Here’s a little about me and my book Asset Protection for Real Estate Investors https://aba.link/clintbio ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. 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. --------------------------------------------------------------------------------------------------------- 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 #realestateinvestor #assetprotection #clintcoons