Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello, my friends and welcome to another episode of Ask Marco,

where I answer your investing related questions.

Today's question comes from Lorenzo, and this actually came in through our website blog.

It wasn't through the contact form where you click on the Ask Marco link at the top of the website.

And his question is basically around asset protection for my real estate

empire. So Lorenzo goes on to say I am in the process of building my real estate

empire. Congratulations Lorenzo. I'm trying to do it the right way,

so it would not cost me later down the line.

My questions are, and then he lists out five questions,

so I'll take these one at a time

just to keep things in a good flow and clear.

And really there could be an entire episode on really just some of these questions, let alone all five,

but I'll give you a good overview of what the answer to the questions are.

So the first question is, what type of entity should I form if I want to hold properties,

development, or flip?

Okay, there's no one answer to this question because the type of

entity you would use for buying hold properties in essence your real estate

portfolio would be different in almost every case if you were doing

a development and or a flip because one is a transactional business versus buying and holding properties where you're just having income

producing assets that you want to hold for asset protection purposes.

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