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#348: Should you get an LLC for your Rental Property Investing?

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Content provided by Chad Carson and Chad Coach Carson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chad Carson and Chad Coach Carson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Free legal consultation with Clint’s team: https://aba.link/coach

(This is an affiliate link. We will earn a commission if you eventually pay for a service)

⭐ Join Rental Property Mastery, my coaching & learning community: http://coachcarson.com/rpm

🎙️ Episode #348 – "You're creating the LLC to hold the property because if your insurance fails, that is your backstop." Clint Coons explains the benefits of an LLC, when to create it, and why it's safer for you to create 1 LLC per property earlier in your stage.

📄 Show Notes:

https://www.coachcarson.com/llcprotection/

▶️ Next Video:

How to Prevent 5 Expensive Real Estate Scenarios - Advice from my Attorney

https://youtu.be/jT08eD2kYX0?si=1vxPnju_qWMiqbmx

🎬 TIMESTAMPS:

0:00 - Why you need an LLC

1:10 - What is an LLC?

10:52 - LLC vs other corporations

15:41 - Tax benefits of LLCs

18:09 - Clint's advice for beginners

23:00 - How self-management creates liability

26:27 - Insurance and LLCs

30:36 - General principles for LLCs

35:57 - Be cautious when getting an LLC

37:54 - How to connect with Clint

39:48 - How to Prevent 5 Expensive Real Estate Scenarios

🔗 Connect with Clint:

YouTube: https://www.youtube.com/@ClintCoons

Instagram: https://www.instagram.com/clint.coons/

Clint's Book: https://clintcoons.com/book/

________________________________________ ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-yt/

🖥️ My Real Estate Courses:

[FREE COURSE] Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/findyourfocus-YT

30 Days to a Better Rental Investor: https://www.coachcarson.com/30days-YT

Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing-YT

📙 The Small & Mighty Real Estate Investor (My Book): https://www.coachcarson.com/smallandmighty

📘 Retire Early with Real Estate (My Book): https://www.coachcarson.com/retirementbook

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT

👋 Connect with me: 📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson

🌐 For everything else: http://www.CoachCarson.com

  continue reading

360 episodes

Artwork
iconShare
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on June 17, 2024 09:19 (3d ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 424049456 series 2477142
Content provided by Chad Carson and Chad Coach Carson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chad Carson and Chad Coach Carson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Free legal consultation with Clint’s team: https://aba.link/coach

(This is an affiliate link. We will earn a commission if you eventually pay for a service)

⭐ Join Rental Property Mastery, my coaching & learning community: http://coachcarson.com/rpm

🎙️ Episode #348 – "You're creating the LLC to hold the property because if your insurance fails, that is your backstop." Clint Coons explains the benefits of an LLC, when to create it, and why it's safer for you to create 1 LLC per property earlier in your stage.

📄 Show Notes:

https://www.coachcarson.com/llcprotection/

▶️ Next Video:

How to Prevent 5 Expensive Real Estate Scenarios - Advice from my Attorney

https://youtu.be/jT08eD2kYX0?si=1vxPnju_qWMiqbmx

🎬 TIMESTAMPS:

0:00 - Why you need an LLC

1:10 - What is an LLC?

10:52 - LLC vs other corporations

15:41 - Tax benefits of LLCs

18:09 - Clint's advice for beginners

23:00 - How self-management creates liability

26:27 - Insurance and LLCs

30:36 - General principles for LLCs

35:57 - Be cautious when getting an LLC

37:54 - How to connect with Clint

39:48 - How to Prevent 5 Expensive Real Estate Scenarios

🔗 Connect with Clint:

YouTube: https://www.youtube.com/@ClintCoons

Instagram: https://www.instagram.com/clint.coons/

Clint's Book: https://clintcoons.com/book/

________________________________________ ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-yt/

🖥️ My Real Estate Courses:

[FREE COURSE] Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/findyourfocus-YT

30 Days to a Better Rental Investor: https://www.coachcarson.com/30days-YT

Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing-YT

📙 The Small & Mighty Real Estate Investor (My Book): https://www.coachcarson.com/smallandmighty

📘 Retire Early with Real Estate (My Book): https://www.coachcarson.com/retirementbook

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT

👋 Connect with me: 📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson

🌐 For everything else: http://www.CoachCarson.com

  continue reading

360 episodes

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