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Buying Rental Residence with a Limited Legal responsibility Enterprise (LLC)





In this video clip, I explore how to acquire actual estate utilizing a constrained liability firm. If you are looking at creating an LLC to purchase actual estate then this video clip will clarify how you ought to choose title to actual estate when utilizing this device.

Concerns or requests for a video clip subject are always welcome! If you would like a Free of charge thirty-moment session, you can request one listed here:

Be sure to check out out my site the place you can obtain added information on our approaching actual estate tax and asset protection workshops.

800.706.4741
ccoons@andersonadvisors.com

Twitter: @Clint_Coons
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The information delivered in this video clip ought to not be construed or relied on as legal advice for any precise point or circumstance. Its articles was organized by Anderson Company Advisors with its most important office at 3225 McLeod Push Suite one hundred Las Vegas, Nevada 89121. This video clip is developed for amusement and information uses only. Viewing this video clip does not generate an attorney-consumer romantic relationship with Anderson Company Advisors or any of its attorneys. You ought to not act or count on any of the information contained herein with out in search of skilled legal advice.

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12 comments

  1. Hi here's my plan. Im going to start with investing in real estate really soon. I LIVE in California but I want to start investing (a five unit apartment) in Nevada. I want to be anonymous so I would set up my Delaware LLC and set up a Nevada LLC, which is owned by the Delaware LLC. So Nevada property will be bought under nevada LLC but everything is owned by Delaware LLC, am I correct? By the way we wont have any partners it will just be me and my wife. Also regarding taxes for the delaware llc and nevada llc, how will i paybtaxes because i dont live in any of those states so i dont have a mailing address?

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  2. So i need 2 dang LLC?

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  3. What’s a Freddie/Fannie loan? Is it a mortgage bank loan for example a property is $500k and you put $100k down and get a $400k mortgage loan which you pay off in monthly payments and pay back in years?

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  4. Good info sir. Maybe I missed it but my question is can any llc buy property? Or does it have to be a real estate llc business ? I'm in Maryland and my wife and I are starting a cleaning business llc. Thank you in advance

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  5. Thank you for all that you do. Quick question: If I have a primary residence that I’m in living in with equity and I take HELOC to fully pay for a new investment property, can I use the rental income to pay back the HELOC without negative tax consequences or would this be considered a co-mingling of business and personal assets? How best to handle this situation? Thanks again.

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  6. Great content.. nice confirmation on my ideas to have prepared LLC entities setup ahead of time also

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  7. Still have a great head of hair too.
    Love it.

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  8. Explanation at 2:50 is genius !!!

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  9. Is it possible to use your life insurance for anonymous real estate investments? Or am I reaching too much?

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  10. 💓

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  11. Thanks Clint great info , ill be intouch soon .

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  12. Very helpful thank you

    Reply

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