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In this episode, I sit down with Jeff Hampton from STR Law Guys to uncover essential asset protection strategies for short-term rental investors. Jeff shares his insights as both an attorney and a real estate investor, highlighting the importance of LLC structures, commercial insurance, and upcoming changes like the Corporate Transparency Act. From avoiding common legal pitfalls to optimizing your asset protection plan, this conversation is packed with actionable advice to safeguard your investments and future-proof your portfolio.
Timestamps:
00:00:00 Intro: Meet Jeff Hampton and STR Law Guys
00:01:03 Jeff’s journey: From suing STR owners to protecting them
00:03:12 Common misconceptions about LLCs and asset protection
00:08:14 Why commercial insurance is non-negotiable for STR owners
00:13:17 Corporate Transparency Act: What investors need to know
00:21:22 New federal regulations for residential loans and LLCs
00:24:31 The risks of being underinsured and how to fix it
00:25:48 Where to find Jeff for asset protection resources
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*None of this is meant to be specific investment advice, it's for entertainment purposes only.