EP 153 Why Every Real Estate Investor Needs an LLC with Garrett and Ted Sutton
Manage episode 436367414 series 2998280
Are Your Investments Really Protected?
In this eye-opening episode of the Exit Strategies Radio Show, host Corwyn J. Melette challenges real estate investors and small business owners with a vital question: Are your investments truly protected?
Corwyn is joined by the knowledgeable attorney duo, Garrett and Ted Sutton, to dive deep into the crucial role of Limited Liability Companies (LLCs) in safeguarding your assets. Together, they explore how LLCs can be a game-changer in shielding your investments from potential legal risks and why it's essential to set them up correctly. Garrett shares valuable insights from his extensive work with Robert Kiyosaki, author of Rich Dad, Poor Dad, emphasizing the importance of financial literacy and proper legal structures in building a secure financial future. Ted breaks down the complexities of the Corporate Transparency Act, a new federal law that impacts LLC owners and what you need to do to stay compliant.
This episode is packed with practical advice and strategies that every real estate investor and small business owner needs to know to ensure their hard-earned assets are protected. Don't miss this essential conversation—your financial security may depend on it!
Key Takeaways:
3:05 Why LLCs are crucial for asset protection in real estate and business.
6:05 Common mistakes in setting up LLCs and how to avoid them.
9:00 The Corporate Transparency Act: What LLC owners need to know.
12:15 How proper LLC management can safeguard your investments from legal risks.
Connect with Garrett and Ted Sutton@:
Website: https://corporatedirect.com/
LinkedIn: https://www.linkedin.com/company/corporate-direct-inc-/
YouTube: https://www.youtube.com/channel/UCT-pLv4_qmcTH-Xnu_uEyNQ
Connect with Corwyn@:
Contact Number: 843-619-3005
Email: corwyn@corwynmelette.com
Instagram: https://www.instagram.com/exitstrategiesradioshow/
Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA
Shoutout to our Sponsor: ROBYN COLLINS
Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.
Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today.
--- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support
162 episoder