If you are going to be a success in the real estate business, you will need the details on LLCs (Limited Liability Companies), Landlording, Partnerships, Trusts, Appraisals and Asset Protectio

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LLC

The LLC has two main advantages:

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1. It prevents its owners from being held personally responsible for the debts of the company. If the company goes bankrupt or is sued, the personal assets of its owner-investors cannot be pursued.

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3.  Many more benefits:

It is a separate entity, away from you

There can be many business write-offs

You can get a new car which is paid for by the LLC

You can get a property that is paid for by the LLC

And much more.
 

4.  LLC owners can be paid as company employees, participate in company benefit programs and potentially save on taxes.

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5. An LLC can also be run as a Corporation which I prefer.

 

So many more benefits

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LAND-LORDING

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If you do not know how to be a Landlord, you are a sitting duck!

1. There are 'professional tenants', who are looking to sue or steal or stay 'forever' without paying rent.

2. There are precidents set by partial rent if you accept it.

3. There are tenants that fall on hard times and do not think they should pay you rent.

4. There are tenants who will hire government sources against you.

5. Tenants who go to court and make up circumstances that do not exist.

6. Tenants who destroy your property.

7. Many more such items.
    

You can make tenants your friends.  Find out how.

 

 

PARTNERSHIPS

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There are so many people who go into partnerships happy until it falls apart.  Friends become enemies.  There is no need for this!

 

We have a Partnership Contract like no other.

1. It will protect you.

2. It will be fair and just.

3. Others, including attorneys, will not be able to get around our Partnership Contract's clear and concise terms.

4. So many other benefits.  You would have to see and comprehend it to understand its benefits.

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You can have long-lasting and profitable partners.  Fund out how.

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TRUSTS

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1. Saves you Probate Court

2. Inheritance taxes

3. You are a separate entity

4. No one has to know who the Beneficiaries of the Trust are.

5. The Trust can be run by an LLC

6. You can control the assets of the Trust even after you are dead.

7. Your Trust assets are not public.

8. A Trust does not have to be recorded.

9. The Trust is much better than a Last Will and Testament because it is hard to challenge.

10. If something happens to you, there is an automatic pre-appointed person or entity who will take your place.

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ASSET PROTECTION

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1. It prevents its owners from being held personally responsible for the debts of the company. If the company goes bankrupt or is sued, the personal assets of its owner-investors cannot be pursued.

It allows all profits to be passed directly to those owners to be taxed as personal income.

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APPRAISALS

The LLC has two main advantages:

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1. It prevents its owners from being held personally responsible for the debts of the company. If the company goes bankrupt or is sued, the personal assets of its owner-investors cannot be pursued.

It allows all profits to be passed directly to those owners to be taxed as personal income.