Hello and welcome back to the Investor Dave Show. In this video, we will explore the advantages and disadvantages of owning real estate assets personally versus in an entity, such as a corporation or LLC. 🏘️ While there may be some benefits to owning property in your own name, there are also potential risks and liabilities that come with this approach. On the other hand, setting up an entity can provide greater asset protection and tax advantages, but also involves more upfront costs and ongoing expenses. 📈💰
In this episode, I will discuss these issues in detail, including legal considerations, accounting fees, and other implications. Whether you're an experienced real estate investor or just starting out, understanding the pros and cons of different ownership structures is essential for making informed decisions about your investment strategy… So, make sure not to miss this episode!🙌🤩
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🏡 And if you’re interested in building your real estate portfolio or fast-forwarding your real estate growth, join our Action Family™ Mentoring Program to achieve your goals! 💸 You’ll learn all the strategies including how to buy properties with other people’s money and without joint venture partners as well as other crucial information like how to find deals, how to create win-win scenarios, property management, tax strategies, business structure and much more. Learn more about our mentoring program by booking a call now!
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🏘️ If you want to learn about Real Estate Investing using none of your own money, you can check out our completely free Masterclass on Real Estate Investing with creative financing here. We show you how we purchased 12 multi-family properties in less than 12 months (56 units) ... WITH NO MONEY DOWN AND NO JOINT VENTURE PARTNERS, so you can too! We purchased over 240 units in Canada, US, Mexico, Dominican Republic, and Costa Rica. With our strategies… we keep 100% of the cash flow, appreciation, and equity! 💰 That’s how you create true generational wealth!
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Thanks for stopping by! I hope you enjoyed this episode of the Investor Dave Show!!! If you have any investing questions or want me to cover a specific topic, reach out on any of our social media! Chat soon!