The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth.

I understand crypto well enough from an asset protection standpoint and how to shield it from lawsuits.

By holding the property in an LLC, any liability arising from the property is contained within the company, shielding your personal assets from risk.You can also hold your individual rental LLCs in a holding company set up as a WY LLC.

The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth.

While I agree it doesn’t shield you from legal responsibility, it does reduce your visibility as a target.

It shields your personal assets and is flexible for partnerships.

The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth.

If you choose to do a partnership agreement, then make sure it outlines the terms of your collaboration, including ownership, profit and loss distribution, responsibilities, dispute resolution, and exit strategies.Creating an LLC offers additional legal protections by shielding personal assets from liabilities associated with the property, and is generally what I recommend for my clients when doing a partnership.

Hi Victor, For any investment of real estate, I'm going to recommend placing each property into an LLC for asset protection.LLCs can help shield you from personal liability if a tenant were to ever sue as well as offer protection against creditors in case of a personal judgment through charging order protection, when the LLC has been structured appropriately.

Flipping is considered an active business, which means you’re exposed to contractor issues, property risks, and potential lawsuits—an LLC helps shield your personal assets from those risks.