In this video, we break down the difference between risk and non-risk assets—and how failing to isolate liability can lead to devastating financial losses.
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Building passive income is key to financial security, but what if it’s not protected? Millionaires diversify their income streams, but without proper safeguards, those assets could be at serious risk.
Whether it’s rental properties, side businesses, or investments, understanding asset protection is crucial. Learn real-life strategies to shield your wealth from lawsuits and unforeseen disasters.
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Show Notes:
0:00 Intro
2:30 Two Types of Passive Income Streams
5:09 Isolate Liability
7:03 Placing Non-Risks Assets Into One LLC
9:24 Educate Yourself
11:42 Creating an Anonymity Shield
13:34 Final Notes
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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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.
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