Business
In this episode, I teach you which LLC’s to set up for the different types of properties. Active income should be set up in S-elected taxed LLC’s. Passive income should be set up in standard LLC’s. I also teach you about why you need these for asset protection as well as informing you about the necessary insurance you need for the 4 pillars of real estate… To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my 4 Pillars of Real Estate Training Programs: http://www.reisocietyedu.com (www.reisocietyedu.com) Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Check out https://bit.ly/30h5wEg (Hemlane) for your Long Term Rental Software • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety). This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)