#421 "Tax and Legal Planning: Debunking FAQs and Misconceptions"
Main Street Business
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How to Save Money and Continue on Your American Dream
Once you get over to business ownership, and I'm including rental real estate into that, your ability to have tax savings increases dramatically. Don't even tell them you're the owner of the LLC when you sign an agreement with a lease manager. If you get into a lawsuit with a customer, an employee, a patient, a vendor, any tenant, any of those, the first thing the plaintiff lawyer is going to ask for is all of your business records.
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