Business conscious people are leaving California in droves. Expert, Author, Attorney, Speaker and Advisor, Garrett Sutton shares his insight as to possible reasons for the mass exodus. He also describes the latest changes to IRS rules regarding LLCs and LPs, how income property investors can protect themselves from internal and external threats and how property holders can avoid large transfer taxes by utilizing a 1031 Exchange.
Garrett will be speaking during the upcoming Meet the Masters of Income Property in January 2018.
Key Takeaways:
[03:13] Three important things to consider when evaluating life.
[07:52] Meet the Master's event information.
Garrett Sutton Guest Interview:
[11:17] California's LLC, Estate, and Transfer Tax grabs.
[17:10] Hey California! A 1031 Exchange is supposed to be tax-free.
[22:32] New IRS rules for auditing LLCs and LP's.
[27:50] The importance of choosing the right state to form and hold your LLC.
[36:22] Garrett Sutton explains the internal and the external attacks on LLCs.
Mentioned in This Episode:
Jason Hartman
Meet the Masters of Income Property Event
Corporate Direct or 800-600-1760
Creating Wealth Real Estate Investing with Jason Hartman