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Asset protection methods
Good day BP - how have most of you gone about legally protecting your assets from lawsuits and liabilities? My research lead me to trusts/LLC combos in Nevada as the "standard" way but before I plunge in I would like to get some feedback.
My situation is 7 doors all financed with standard 30 year fixed loans and I’m less than 3 years into all loans. Plan is to keep them and pay them off or 1031 exchange them up at some point. That part is TBD.
Thank you