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363: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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Is the Building in a Separate Llc?

Asa: We want to separate the property, which is a passive investment asset, from the business and operations. So i would have an llc that jus you and your partner own, your escorps are not involved. Or shoul the billy be a separate l c? Isn't connected the businesses? Joe, joe, you need a consult with one of our senior attorneys. Asa: Let's go over a really important fundamental point on entity planning and structuring. How is i go going to lay try ta wite board behind me? Corry, could i get a whiteboard behind me? I'm goig to aa, tacking.

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