Asset Protection for Real Estate Investors - The Quick & Dirty Version by Attorney William Bronchick

This is a great New Year gift of a video.

Dear Bill, thanks for taking the time to create this wonderfully explanatory lesson. You are a true teacher.

do i have to file two separate entities for an SC and one for a L/P or can it be done with one filing? Thank you

thank you for this video, very helpful. can the trustee be one LLC in a double LLC scenario?

what if I purchase property with the intent to rehab and re-sale so I originally set the entity as an s-corp, but in the end I just decide to rent it out and keep it as a buy n hold? will it be too late in a tax filing perspective to file as a partnership?

So any kind of business can't be owned by the holding company?

In your last example, you put rental properties (risky asset) and cash asset (safe asset) into the same LLC. In doing so, you actually put the "safe" asset, in this case cash, at risk. Am I missing something?

Thank you! Super helpful!!

I love this information thanks bill!!!

true about depreciation - however, you don't eliminate taxes... When you sell and if you sell for more than the depreciated value, then there is something called

DEPRECIATION RECAPTURE..

so you essentiallynot paying the taxes today, and moving in to a future year.

Great video. You answered every question I have accumulated over the past 5 years.

Excellent illustration. Thank you.

Good job sir, you made my life easier.

Omg your the bomb. Can u be my cpa ? I just opened up my llc and i am in the process of opening up a solo 401k

Im new to all this

Wish i can hit the like buttom a million times. Ive gained so much with your video

So if i have 2 llcs set up. Llc#1 partnership is 123mainllc ( for rentals) and llc#2 s corp is 456mainllc ( for flips, n wholesaling). Can i add the name of llc#2 (456mainllc) as my partnership on llc#1 ?

Amazing video, very informative

Awesome video, however I must disagree with the oversimplification on your material covering Trust's. Thanks for the info.

Nice! Is there a transcript of this somewhere?

Thank you so much.  I follow you on Facebook and it is always refreshing to see what new articles you put out.  This video was very informative and gave me a lot of answers, thank you Bill  :)

Thanks for the informative video! Had a question, when you say each separate land trust is "setup and owned" by an LLC taxed as a partnership, does that mean the LLC is named beneficiary in the trust?

Send me a DM if you would like more Free Material or if you would like to do a joint venture or if you would like funding?

Awesome video, thank you.

YOUR THE MAN!! AWESOME Video Bill!! Can't thank you enough!!!

Thank you Bill you did an outstanding job and obviously have helped so many ppl!!! Be blessed!!!!

pasito peron

Can I ask a question, if I can take a loss of 2,000 from a 7,000$ depreciation tax cut but only made 5k in Actuallity then applying the cut to other estates. Can I keep filing tax returns on different properties to do that continously or do i only file one?

Question, can the land trustee be my LLc partner and do I have to use a seperate person per property?

Z

Wow! Very impressive.... Thank you 😊

My properties are in my name, if I transfer ownership to a trust and then assign interest in properties to an LLC then start paying the mortgage out of the LLC account would I then be able to deduct the mortgage payments and interest on these properties as an expense? Also what about the property taxes? Could they be deducted by the LLC as an expense even though the tax statement and the mortgage interest statement will be issued under my name at the end of the year.

Thanks Bill!! This is excellent learning!!!!

Outstanding video! Maybe the best of its kind I have seen. Thank you very much.

Thank you sir .

This is awesome... thank you so much Mr. Bronchick

Wow, YOU'RE awesome, sir!!!

RalphyNovotney
The BrokeBlackGuru

Great teacher! Thorough, easy to understand explanations. Good personality, too.

What if I'm a W2 employee and also have a rental investment

Thank you for this information.

I have 6 rental properties, do I set up multiple LLCs to protect (segregate)? Thank you!

WOW!! that was an eye opener,I had to replay the last 5 minutes several times to understand different uses of LLC with the s-corp and partnership.awesome

I wish these seminars would be more forthright about depreciation, and talk about recapture. For the most part, you will have to pay back the depreciated amount (and more) at sale. So unless our plan on passing the rentals to your heirs, this is not a true benefit.

Information priceless

Thank you SO SO SO much!! very helpful!!

Wouldn't one LLC to own both rentals pose a risk if one tenant sues the property's owner? The LLC has multiple rentals which can be attacked by that one suing tenant. And worse yet, the LLC has some cash.

Shouldn't each property be owned by separate LLCs?

Thanks in advance. Great video.

Wow... This is really high level.. thanks bill, i hope i can meet you one day, im you fan from today forward..

Thanks Bill you presented this Very Well

Great video Bill. Thank you.