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Tax, SDIRAs & Cost Segregation

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Sharad M.
Pro Member
  • Carlsbad, CA
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How to best protect my assets?

Sharad M.
Pro Member
  • Carlsbad, CA
Posted Mar 20 2014, 19:05

Hi guys,

I am going to be meeting my attorney in next few days, but I thought I ask BPers for some feedback and this way I can be better prepared to meet my attorney.

I own most of properties free and clear and currently they are under a few LLCs. I feel a little exposed with the current set up, so I have been thinking of moving them to separate Land Trust for each property and having a LLC as the beneficiary.

What are the benefits and drawbacks of doing this? Any feedback will be much appreciated.

Sharad

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