In this video, Clint Coons, Esq. breaks down the truth about using Limited Liability Companies (LLCs) for real estate investing and clarify common misconceptions—especially the myth that LLCs automatically bring tax savings.
Would you like to learn more about setting up LLCs for real estate? Schedule a free consultation here: https://aba.link/2570b4
1:49 The Videos Clint Mentions
Short-term rentals: https://www.youtube.com/watch?v=3BGRxqVH74g
Real estate professional: https://www.youtube.com/watch?v=W_2Kil6hlYM
Many beginner investors hear that forming an LLC is a smart tax strategy.
While there are clear advantages to using LLCs in real estate, the tax benefits may not be what you think—especially if you’re a passive investor holding long-term rental or commercial property.
Plus, we discuss how LLCs can provide real tax benefits if you’re engaged in active real estate investing strategies like wholesaling or flipping properties.
If you’re earning business income from these activities, the right LLC setup could help you reduce self-employment taxes, deduct business expenses, and even qualify for special tax treatments.
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Show Notes:
0:00 Introduction
2:03 Structuring Your LLC Correctly
3:52 When LLCs Provide Tax Benefits: Active Investing
5:41 Changing the Nature of Income with S or C Corps
7:08 Summary: LLC Tax Benefits Only for Active Income
8:14 Final Thoughts
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ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#llc #realestateinvesting #llctaxation
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