#16 - Investing with Confidence: Asset Protection Strategies with Clint Coons
Passive Income PilotsMay 09, 2023x
49:5734.36 MB

#16 - Investing with Confidence: Asset Protection Strategies with Clint Coons

On this episode of Passive Income Pilots, Tait and Ryan interview Clint Coons, founding partner of Anderson Business Advisors, a legal and tax firm with over 450 employees. Clint, an expert in entity structuring for real estate investors, shares his extensive experience from acquiring over 200 properties. As an author and educator, Clint has published numerous resources on real estate investing and asset protection, including his book "Asset Protection for Real Estate Investors." In this episode, Clint provides invaluable insights on asset protection and LLC strategies to safeguard investments, including liability separation, LLC setup, and estate planning. He also covers tax returns with LLCs and the role of holding companies. Enjoy the show!

Timestamped Show Notes

(00:00) Intro

(02:11) Brief overview of Anderson Business Advisors and Clint's expertise

(04:30) Separating your liability exposure

(07:23) Do you really need an LLC before you can start investing?

(11:25) Structuring your investments and protection strategies

(16:02) Where should you set up the LLC?

(24:49) Wyoming LLC vs. Delaware LLC

(26:51) Hire the right people to help you protect your investments

(27:49) Common advice for pilots

(31:31) What to do after setting up your living will and trust

(34:41) Annual maintenance of your LLC

(41:36) Tax returns, holding companies, and disregarded LLCs

(48:45) How to find Clint

(49:35) Outro

Protect your investments today and stop unnecessary risks, and join the join the Real Estate Asset Protection Live Stream Workshop and Seminar

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Legal Disclaimer

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.

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