
#394 Asset Protection Level 2 - LLCs & More
Main Street Business
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How Many LOCs Do I Need?
People think, well, just do a separate l o c for every property, ok? That's going to be expensive. If you're doing multi family properties, commercial properties, that makes sense. But for single family reynolds, you might doing for a few hundred grand or less. You want to go in with your eyes wide open, with a long term plan. And so this is where we say, spend a thousand bugs, get the right entity set up in the right state and meet with one of our attorneys.
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