How To Set Up Your Entities for Real Estate Asset Protection
Summary
This video discusses asset protection strategies for real estate investors, explaining why asset protection is important and detailing how LLCs, Trusts, and corporations can protect assets from lawsuits. It covers the presenter's own entity structure, using a C-corp for active real estate and WSTs (Wyoming Statutory Trusts) for holding assets, recommending Anderson Advisors for setting up entities.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM