RULE #1 When Investing in Real Estate & Fipping: π Always Use an LLC or business entity when purchasing property. Why? 1. Asset protection: protect your personal assets in case of any legal disputes or claims related to the property. 2. Tax benefits: deduct expenses related to the property and reduce tax liability 3. Easier management: easier to handle maintenance, repairs, & tenant relations 4. Access to financing: lenders may prefer to lend to a business entity rather than an individual If youβre ready to make 20-40% more profit on your next flip, join me July 7-9 at the @parkhyattaviara for my Mastermind! Link in bio πͺπΎ #flippingtoday#realestateinvesting#flippinghouses#howtoflip#realestate
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"The Invaluable Power of True Connection: Why Material Possessions Fall Short"