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Series LLCs

Series LLCs haven’t been around, relatively speaking, very long. The series LLC is a creation of state law. Only about a dozen states have series LLC laws today. More states are passing series LLC legislation all the time, but most states don’t currently have series LLCs laws.

LLC vs Land Trusts

Battle of the Real Estate Gurus: LLC vs Land Trust The land trust is being billed as an asset protection tool by a number of the real estate gurus. Is it really an asset protection tool? Is an LLC a better asset protection tool? Why use an

How to Group Properties in LLCs

The gurus all tell real estate investors to hold their properties in land trusts or LLCs.  That raises two questions. Do you use an LLC or land trust? How many properties do you put into each LLC or land trust? In this article, I will discuss the

Loan Versus Equity in a Company

Most businesses are funded by money or “sweat equity” contributed by the owners in exchange for stock (in a corporation) or membership interests (in an LLC). That’s ok, particularly for the initial funding of the company, but you need to understand that if the company goes down,

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We wish everyone in America had the means to obtain the knowledge that Attorney Lee Phillips is attempting to impart in the Accumulation and Preservation of Wealth course. We are thankful that there is a legal system that is designed to protect people’s assets, no matter how little or how much.
~ Ed, Dallas Texas