Business
Our guest today is Lee R. Phillips, a trailblazing Counselor of the United States Supreme Court. Lee is an accomplished professional, holding a range of licenses in areas such as real estate, mortgage brokering, securities, and life insurance. He is also an exceptional registered investment advisor with a keen understanding of finance and investment strategies. Lee's expansive expertise extends beyond traditional legal fields and encompasses innovative solutions in business structure, asset protection, financial planning, and estate planning. He is a respected authority in these areas, providing individuals with invaluable guidance to navigate complex financial landscapes. As the founder of LegaLees Corp., Lee has created a revolutionary company that specializes in providing customized solutions for high-net-worth individuals seeking to resolve asset protection and tax issues. Thanks to his knowledge, Lee has successfully helped over a million people to achieve financial security, leverage legal intricacies to their advantage, and maximize their income. Tune in as Lee uses his insight to shed some light on the legalities involving short-term rentals! Key Takeaways: [00:57] Introducing Lee Phillips and his background [07:10] Lee’s advice on how to start rental investing [13:30] How many assets should you have in an LLC? [18:01] On managing LLCs and protecting your assets [32:23] On restructuring your LLC to get tax advantages [35:47] Advice on how to protect free & clear property [36:56] When and how to find an estate attorney for setting up your estate [40:51] Connect with Andy, Brandon, and Group Home Riches Guest Links and Contacts: LLC Mini-Course: Protecting Your Financial Future by Lee R. Phillips: https://legalees.com/product/protecting-your-financial-future/ Phone No.: 801 802-9020 Show Links: Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals Living Off Rentals Website -www.livingoffrentals.com Living Off Rentals Instagram -www.instagram.com/livingoffrentals Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals