Corporate Formalities - Making Sure Your Asset Protection Strategy Really Works

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 17 September 2012

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Most savvy real estate investors know it’s a good idea to put each property in a limited liability company. More complex strategies include setting up management companies, holding companies and can even include an offshore component. The basic idea is to create a legal entity (corporation, LLC, etc.) or network of entities through which various aspects of your business activities are conducted. And to NEVER do business as a natural person in your own name. Once you get your mind around it, it’s ALMOST fun putting it all together. Unfortunately, that’s where it ends for too many investors. And as you might guess...the devil's in the details. Attorney Garrett Sutton tells us it's important to not only set up a solid structure, but to maintain it properly. How? By being careful to observe “corporate formalities”. To find out what those are and why they're important, listen in as we talk with Robert Kiyosaki's Rich Dad Advisor for Asset Protection, Garrett Sutton. Discover how to run your own corporation and better protect your real estate empire! The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Transcript

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0:00.0	Welcome to the Real Estate Guys radio program. We all know how important asset protection is for
0:06.3	real estate investors, but you can't just stop with creating an entity. There's lots to do beyond that.
0:12.0	Today, we'll talk about making sure your asset protection strategy really works on the
0:17.0	Real Estate Guys Radio Program.
0:22.9	Are you ready to profit in Paradise?
0:26.5	Hi, it's Robert Helms, and if you think real estate investing means tenants, toilets, and termites, think again, located just a short plane ride from the U.S., a virtually untouched
0:30.9	paradise awaits, the beautiful country of Belize.
0:34.3	When you go to Belize with the Real Estate Guys, you'll spend four fabulous days discovering one of the
0:38.3	most intriguing real estate markets I've ever seen. With this jungle rainforests, pristine beaches,
0:43.2	and 81-degree turquoise water, Belize is one of the most beautiful places on Earth. Plus,
0:47.6	it's considered one of the top seven tax havens in the world. And while U.S. real estate continues to drop, Belize property is on the rise.
0:54.5	And many experts think the best is yet to come.
0:57.2	But don't just take my word for it.
0:58.6	Come experience Belize firsthand at our upcoming investor field trip.
1:02.1	When you join us, you'll discover the many reasons we love Belize.
1:05.0	Like tremendously undervalued beachfront land, super low taxes, ease of doing business, and so much more.
1:10.9	Get the details at Real estate guys radio.com.
1:13.8	Just click on events.
1:15.4	See Paradise for yourself.
1:16.5	Click Events at real estate guys radio.com and I'll see you in beautiful Belize.
1:23.7	Welcome to the Real Estate Guys Radio program.
1:26.5	I'm your host, Robert Helms.
	...

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