Chaz thread

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REI:

I talked to a very successful investor/CPA who told me to forget about LLCs and instead set up a Fictitious name(also known as Doing/Business/As), which is less expensive, a lot less paper work at tax time, and the same protection. He said to have 500k of LL insurance on each property, and most important an UMBRELLA policy large enough to cover ALL assets.

Chaz....