ilmscore | LLC Loan Strategy for Asset Protection Predictions
LLC

LLC Loan Strategy for Asset Protection

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Recent Predictions

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
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Loaning funds to an LLC to purchase an asset can protect those funds from claims against the LLC, as the loan becomes a liability of the LLC payable to the individual.
"now instead of me depositing $100,000 into this LLC account what I'm going to do is I am going to lo..."
Minority Mindset Minority Mindse...
Sep 27, 2024
Pending
7 Tax Loopholes Only...
Loaning funds to an LLC to purchase an asset, rather than directly depositing the funds, can create a scenario where the asset is acquired with a loan, which the claimant would then assume if they seized the asset.
"now instead of me depositing $100,000 into this LLC account what I'm going to do is I am going to lo..."
Minority Mindset Minority Mindse...
Sep 27, 2024
Pending
7 Tax Loopholes Only...