Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Results (338)
Kelly Monson Setting up a management company to qualify for Real Estate Professional designation
23 March 2015 | 2 replies
I am not doing this for asset protection or any other reason - just as a way to demonstrate that I manage properties in addition to our own and to count those hours of activity. 
Glenn N. income for solo401k passive income
31 October 2022 | 20 replies
It is probably the best for asset protection, but do you want or need that full protection or is that something that you want to build over time and can accept to have a lower level of protection for now and just create the corporation and one or two LLCs.Again, it is your choice.
Kenny Breeze Top Reasons for Buying Real Estate from an LLC?
23 February 2017 | 1 reply
Most individuals put properties under a LLC for tax, asset protection or organization purposes. 
Dan N. Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies
It's not just about 100% asset protection or 100% anonymity, those are almost impossible.
Dustin Burke Do you really need a Tax Attorney?
14 March 2018 | 6 replies
Even "tax attorneys" are typically attorneys that defend you against IRS audits and lawsuits, not typically people you want to go to for specific tax advice.As @Logan Allec said, you want an attorney for forming business entities like LLCs for asset protection, or for drafting any contracts or agreements necessary for your flip business (partnership agreements, etc).
Max Bellino Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
I gathered all my notes in a 50+ pages document touching on the formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.Doc: https://www.biggerpockets.com/files/user/CosIorg/file/tritoriam-fileAsset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagram (this is more of a joke depicting the nebulosity of asspro rabbit holes).How a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures (overwhelming and overkill for a newbie in REI)PS.
Steve Shepard Lawyer needed
21 June 2015 | 4 replies
Asset protection or accounting purposes?
Maria T. Preferred Equity Experience
26 September 2024 | 11 replies
There is no other protection or time bound restriction.
Binita Mehta Company to manage own properties?
8 October 2024 | 6 replies
Most who propose this arrangement do so believing they are adding a layer of protection or separation between the property or themselves and the operation but that's total nonsense as well.
Ye Tun Aung Attorney or CPA for forming LLC
20 August 2024 | 10 replies
Depending on what you want to accomplish as far as asset protection or just general business operation.