Should I Start an LLC Before Buying Investment Properties? | 771
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 10 September 2019
⏱️ 24 minutes
🧾️ Download transcript
Summary
Mercedes shares her understandings of putting an investment property under LLC and the ways you can do it. It is extremely important to understand if this is the right option for you! Therefore, tune in, and listen carefully.
Transcript
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| 0:00.0 | This is terio media. |
| 0:09.0 | So you want to be a real estate investor, |
| 0:11.0 | but you don't want to do the work. If there were only a way |
| 0:14.6 | where someone else could do it for you, now there is. Tune in a year each and |
| 0:19.4 | every Tuesday on the epic real estate investing show for turnkey Tuesdays with your host Mercedes Torres. |
| 0:26.0 | Hello and welcome welcome to turn key Tuesdays brought to you by epic real estate investing. My name is Mercedes Torres, your turnkey |
| 0:35.8 | girl and I am lucky enough to be partners in crime with Mr. Matt Terrio, the guy who |
| 0:41.5 | created the Epic Real estate investing empire. |
| 0:45.6 | Now this show, Turnkey Tuesdays, is a real estate investing show for busy people. |
| 0:51.0 | Busy people just like you who understand the importance of real estate just don't have the time |
| 0:58.4 | to do it all themselves or the desire to learn every single nuance. |
| 1:04.0 | So this show was put together to help you jump into real estate investing, |
| 1:09.0 | utilizing the turnkey model. |
| 1:11.2 | So if this is your first time here, glad you made it. If this is not your first time here, my friends, welcome back. So you may be wondering for the newer investors out there if you should create an LLC |
| 1:27.4 | before you start buying rental properties. Well, there's good news and there's bad news to that. The good news is that either |
| 1:36.1 | way, no matter, you know, if you have bought your first property or not, that doesn't matter. Either either way you'll always be able to transfer ownership of your |
| 1:47.1 | property into an LLC if you create your LLC after you've bought your property. |
| 1:55.0 | Now, I will disclose to you my friends |
| 1:58.0 | as I share every week. |
| 1:59.6 | I'm not an attorney that sets up LLCs. I'm not a |
| 2:05.0 | attorney that sets up LLCs, I'm not a licensed tax professional, I'm not a financial |
| 2:06.5 | strategist, I am simply a real estate investor with my own |
... |
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