I'm definitely looking forward to implementing this perspective and avoiding the cold call where it feels like someone is just asking for a commitment without context.  

I have not used it, but he gave it some great reviews and will look into implementing something like this for my property management arm in the near future. 

This type of entity layering can help shift the income in a way that changes its tax treatment.That said, implementing this kind of strategy requires careful planning and precise execution to stay compliant with IRS rules.

question should be do I want to be a land lord or is there other RE niches like financing that could be implemented..

This type of entity layering can help shift the income in a way that changes its tax treatment.That said, implementing this kind of strategy requires careful planning and precise execution to stay compliant with IRS rules.

I have a few rentals my SOP which has worked is to require 700 plus fico.. that tends to separate the wheat from the chaff.. can take a month or two to find that good credit tenant but so far never missed a payment in the years I have implemented this.when I had lower end rentals and NO ONE had a 700 heck they had a hard time have a 600.. just frustrating and I sold them all.

That way you would have somewhat less risk regarding the carrying costs on the unit during a turnover when a unit is not generating income.Just my 2 cents.I will definitely plan to implement this, thank you!  

On principle I don't have an issue with implementing any of those things regulations are in any industry, but when you make them in a vaccuum and don't consider things like cost to maintain and build then its a net negative in my mind.  

I'm new to this so I'm coming up with a plan and strategy to implement the plan. 

Proper planning can also improve your negotiating position in legal disputes and potentially lead to more favorable outcomes.In addition to your asset protection strategy, implementing a well-thought-out tax strategy helps ensure you're maximizing all available deductions, utilizing the most favorable tax structures, and ultimately keeping more of your hard-earned income.