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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI102: Don't Lose All Your Money & Truth About LLCs w/ Brian T. Bradley

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 27 December 2021

⏱️ 74 minutes

🧾️ Download transcript

Summary

In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!  IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 02:33 - What asset protection is and why it is important. 05:39 - When a real estate investor needs to start considering asset protection. 07:34 - What LLCs are and whether or not you need one to invest. 14:52 - Common and dangerous misconceptions around LLCs. 26:28 - How to properly setup and structure LLCs. 36:57 - How LLCs and asset protection works for house hacks. 59:26 - What asset protection trusts are. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get more content from Robert. Key Concepts of Asset Protection Asset Protection Overview Presentation Gary Keller’s book The Millionaire Real Estate Investor. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Website | Instagram | Twitter Connect with Brian: Website | LinkedIn Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.2

This is a great first layer of protection, but everything has kryptonite.

0:06.1

And if you talk to Superman, kryptonite's not good.

0:11.2

In this week's episode, I talk with Brian Bradley about what asset protection is and why it matters.

0:17.6

When a new real estate investor should consider asset protection, whether new real

0:22.6

estate investors need an LLC or not to start investing, how to set up an LLC, the most

0:28.2

common and dangerous misconceptions around LLCs, and much, much more.

0:33.7

Brian Bradley is the senior managing partner at Bradley Legal Corp of of counsel attorney at Laudmel and Laudmell,

0:41.3

an advisory board member and lead attorney of the Asset Protection Council, and certified instructor at the National Academy of Continuing Legal Education.

0:50.5

Brian is a leading educator and nationally recognized asset protection attorney for high-risk

0:55.1

professionals, entrepreneurs, real estate investors, and ultra-high net worth families.

1:00.5

Brian's goal is to give you peace of mind knowing your assets are safe.

1:04.9

Brian was selected to the Best Attorneys of America List, 2020, Lawyers of Distinction List,

1:10.2

three years in a row, 2018 through 2020, Super Lawyers, 2020, Lawyers of Distinction List three years in a row, 2018 through 2020,

1:13.7

Super Lawyers Rising Star List, 2021 and 2015, nominated to America's top 100 high-stake

1:20.6

litigators list and the top 100 in real estate. Legal concepts like asset protection can be

1:27.3

very boring to learn about, but they can be very important to learn and understand.

1:31.8

And in this episode, Brian and I try to make it entertaining for you all.

1:35.7

Instead of asking the normal asset protection questions, I try to ask the questions you're thinking as you listen to the episode.

1:42.3

I was truly fascinated throughout the episode, and I really

1:45.1

enjoyed it. I hope you guys do too. Let's dive right in. You're listening to Real Estate

1:53.7

Investing by the Investors Podcast Network, where your host, Robert Leonard, interviews successful

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