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Updated about 9 years ago on . Most recent reply

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88
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41
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Aaron Van Curen
  • Real Estate Broker
  • Fort Wayne, IN
41
Votes |
88
Posts

Identity Protection for REI

Aaron Van Curen
  • Real Estate Broker
  • Fort Wayne, IN
Posted
So my initial plan would be to set up an LLC for each property and assign a trust as the "owner". Then I would place all of the LLC's under a holding company that will more than likely be an S-Corp, undecided though, once I have a significant portfolio. I plan to do this for my Indiana and Florida properties. Then I would have those two (possible) S-Corps owned by a hedge fund that will be owned by the limited liability investors and a Delaware LLC. Now this will only be applicable once I own a significant amount of properties. What kind of identity protection does everyone else use and why? Is it beneficial and worth doing?

Most Popular Reply

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409
Posts
214
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Stanley Parsley
  • Investor
  • Chandler, AZ
214
Votes |
409
Posts
Stanley Parsley
  • Investor
  • Chandler, AZ
Replied

with the amount of information available these days you really have to spend some coin if you want true protection

youll have to develop your entity in a state that does not share corporate holders- Delaware- Nevada ect..

then your going to have to pay for all the mail routing and a place of business in that state plus the monthly service charges for all the other things that come up

enjoy

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