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Updated 8 months ago on . Most recent reply

DeAnna McKillop-Lopez's profile image
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DeAnna McKillop-Lopez
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DeAnna McKillop-Lopez
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DeAnna McKillop-Lopez
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Starting Out

LLc’s and irrevocable trusts

DeAnna McKillop-Lopez
  • Investor
  • Arizona/Colorado
Posted

I have been hearing a lot of people speaking about putting your holding LLC into an irrevocable trust. I am having a hard time finding information about this topic and wondering if it's worth the deep search. Thoughts?

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    Chris Seveney
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    ModeratorReplied

    @DeAnna McKillop-Lopez

    Keep it simple to start, unless you have more than $10M there is no need to do anything but by the property in your name and get insurance if the property is a single family rental.

    You can do all these other methods but they just cost you money every step along the way.

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