The states that people live in actually matters. I hang a lot of time to youll seeanlas to live, right? Like o j simpson. And so here you haven't anepel in a retired anepe player who gets charged criminally for murdering his wife and her boy friend. He's found not guilty. The family sues him civilly, a right for wrongful death. Loses the case, but he was never able to be collected on because his mansion was federally arese protected,. Because it was his emige pension plant. So if they go to aother state, like california, he would be sSo, elit's interesting. I
In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:33 - What asset protection is and why it is important.
05:39 - When a real estate investor needs to start considering asset protection.
07:34 - What LLCs are and whether or not you need one to invest.
14:52 - Common and dangerous misconceptions around LLCs.
26:28 - How to properly setup and structure LLCs.
36:57 - How LLCs and asset protection works for house hacks.
59:26 - What asset protection trusts are.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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