
Why You Need to Protect Your Assets | Tax Audit With Clint Coons
The Wealth Elevator Podcast: Real Estate, Taxes, Investing
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Safeguarding Your Assets
This chapter focuses on the essential strategies of asset protection, particularly for real estate owners facing liability risks. It highlights the use of limited liability companies (LLCs) and other legal structures to shield personal assets from lawsuits and creditors. Through real-life examples, the speakers emphasize the necessity of tailored planning and proper entity structuring to mitigate financial exposure in high-liability scenarios.
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