ilmscore | Prediction Details
"don't own the real estate in your own name you could have like a LLC or other type of entity own the real estate that way it's not you that owns a real estate for example I invest in real estate but I just saying own zero rental properties my llc's own the rental properties and I own my llc's that way if a tenant slips and falls in a property the most they can take is whatever the LLC owns they can't come after my personal assets"
By Minority Mindset | July 6, 2024 | Pending
From video
If You Are Struggling Financially - This Video Is For You 00:12:08 - 00:12:31
Interpreted Prediction
To protect personal assets in real estate investments, it is advised to own properties through LLCs rather than in one's own name. This limits liability to the assets held within the LLC.

Prediction Details

Topic
Real Estate Investment

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.