24K views · 327 reactions | This is Edward-Verified! Land trusts...
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24K views · 327 reactions | This is Edward-Verified! Land trusts...
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Here is the biggest mistake Clint Coons, Esq. sees people make who invest in raw land: owning it in their own name. Owning raw land in your own name exposes you to huge liability risks. That's why it's important to hold the title of your raw land investments in an entity like an LLC or a trust. Doing so not only protects you from potential legal issues but also reduces the tax burden associated with owning raw land. #RawLand #LLC #LegalExpert | Anderson Business Advisors
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Here is the biggest mistake Clint Coons, Esq. sees people make wh…
822 viewsNov 28, 2023
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Never Put Your Personal Residence into a Land Trust! Are you making this common mistake? In today's video, Clint Coons, Esq. dives into why you should never put your personal residence into a land trust and what to do if you already have. What You’ll Learn: - Key Differences between land trusts and residence trusts - Protecting Your Homestead Exemption effectively - Common Misconceptions about using land trusts for personal residences - Pitfalls of transferring legal and equitable title Discover
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FacebookAnderson Business Advisors
Too many new landlords hear “you’re covered” and stop there. But standard policies have limits—and big verdicts, punitive damages, and certain claims can fall outside of these limits. That’s why real estate investors need a 𝐩𝐥𝐚𝐧, not just a premium.⁣ ⁣ Clint Coons, Esq. break down where traditional coverage leaves gaps and how proper structuring (built for investors, not just “local advice”) helps protect what you’re building.⁣ ⁣ If you own rentals, don’t roll the dice on your portfolio. Lea
Too many new landlords hear “you’re covered” and stop there. …
776 views1 month ago
FacebookAnderson Business Advisors
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