Episode 185: Asset Protection and Proper Business Structuring, with Clint Coons

As one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 200 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. Taking what he learned growing up in a real estate family, Clint has acquired over 100 properties, from small single-family homes to commercial buildings. A prolific writer and educator, Clint has published hundreds of articles, videos, and workbooks on the subjects of real estate investing and asset protection, including his most recent book Asset Protection for Real Estate Investors. Using real-life examples and his personal experiences, Clint knows what really works in investing and what to avoid. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

What you’ll learn about in this episode:

• How Clint works in the trenches with active investing in real estate, and how the global pandemic has created new investment opportunities
• Why asset protection is vital for protecting yourself from risk, and why proper legal structuring of your business is necessary
• What creative solutions Clint can offer for investors looking to cut down on their tax liability, and why a tax professional is invaluable
• How the global pandemic has driven up the number of real estate deals on properties with existing debt, and why this is great for investors
• What key investing lessons Clint learned in the 2008 market crash that he is bringing forward into today’s market realities
• Why a triangle approach of asset protection, tax preparation, and deal structures can help you do more deals and increase your profits
• Why you need to take the time to educate yourself and understand what you need, and why learning to get to the knowledge you need is powerful
• Clint shares a nightmare scenario from a client who failed to structure properly, and how it cost that client a number of opportunities
• Clint shares a different scenario of a client who did structure properly and covered his assets, and how it resulted in a huge win
• How a strategy session with Clint can help you better understand your options, tools and resources available to you

Resources:

• Website and free consultation: https://andersonadvisors.com/
• Asset Protection for Real Estate Investors by Clint Coons: https://amzn.to/38KN61P
• LinkedIn: www.linkedin.com/in/clintcoons/

Additional resources:

• Website: www.SmartRealEstateCoachPodcast.com/webinar
• Website: www.SmartRealEstateCoachPodcast.com/termsbook
• Website: www.SmartRealEstateCoachPodcast.com/ebook
• Website: www.SmartRealEstateCoach.com/QLS/

Smart Real Estate Coach Podcast Sponsor:

• Paul G. Dion CPA, CTC