How To Set Up An LLC for Real Estate Investing

Summary

This video, led by asset protection attorney Clint Coons, provides a critical guide for real estate investors, including STR hosts, on correctly setting up an LLC. Key takeaways include the absolute necessity of forming the LLC in the state where the property is located, choosing the right tax status (disregarded entity or partnership, not S-Corp), and the best practice of using one LLC per property to isolate liability. The video also touches on advanced strategies like using manager-managed LLCs for enhanced anonymity.