Why It’s Better To Use Trusts Rather Than Other Entities Such As LLC | Lou Brown

Using LLC is great for tax-related matters but if you are talking about the best protection for real estate properties then there is no better entity than using trusts.

For more valuable information click on this link and watch the complete episode: https://youtu.be/m_o9ZBNzYmo – “Chaos In The Real Estate Market or Hype?”

https://millionairejumpstart.com/

Discover how to start investing in real estate at Millionaire Jumpstart.

* Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!

I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.

* Money Making Secret #2: The Art of Structuring Deals! I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.

* Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.

* Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.

* Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.

How to Help People While Helping Yourself – Become a Certified Affordable Housing Provider™

Create Your 10 Million Dollar Retirement Plan – specific formula revealed

Learn Hidden Profits Available in ANY Deal – worth thousand$

How to Take Over the Seller’s Loan with NO Money

How to Have the Seller PAY YOU to Buy Their Home – no kidding!

Buying Without Bank Loans – over forty years and never one bank loan!!

Easy Ways to LEGALLY Raise Big Money for Your Deals

Renovations – Quick Ways to Safely Make Huge Cash Now

Money-Making Management Secrets from a 40 year veteran who manages over 150 now

Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month

Case Studies: Secrets of How They Were Found, Negotiated and Sold

How to Protect Your Deal from Someone Else Stealing it

Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands

Having Tenants Leave Your Property in Better Condition than When You Gave It to Them

Why Land and Personal Property Trusts are the Best Privacy and Asset Protection

Benefits of Trusts You Cannot Get With ANY Other Entity

The Due-on-Sale Clause – What it is and How to Avoid it Legally

And MUCH More

Attend this power-packed “one-of-a-kind” best of the best training on making money in real estate investing!

Call 1-800-578-8580


Scott Paton:

When I get a lease option terms, deal with a seller. I can’t buy it in a land trust. I think that should be, can I buy it in a land trust? And so do I have to have an LLC? And do you use LLCs for any reason?

Lou Brown:

There’s not a lot of reason to use an LLC unless there’s tax reasons, because you’re already getting some pretty significant liability protection using the trust. Some people, if they already have an LLC, they’ll make the LLC the beneficiary of the trust, and that keeps all your eggs out of one basket, so to speak because sometimes when people are using LLC’s are putting all their eggs in one basket, one sue a bull basket. So if anybody sues that LLC, everything that’s in that LLC is subject to any kind of judgment. So my suggestion is, in the best place to be is using the trusts. Each property can be bought in its own trust. And then you can use your LLC as the beneficiary of all those trusts. That’s one way to do it, but if you haven’t yet established an LLC, it’s a really good question about whether you actually need one. And for me, there’s only business reasons. For example, Street Smart systems, LLC is an LLC and that has a different business purpose than the other things that we do. But the individual properties and individual trust is a very smart way to set up your business. We’ve, it’s stood the test of time having done it now since 1984, we’ve definitely seen that. There’s some great benefits to using trusts versus other entities.