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@iankingston196

2 жыл бұрын

Great Land Trust assig be to LLC. will use?

@iankingston196

2 жыл бұрын

thanks for i dotax sesignatuo. labs trust.

I’ve been researching these different entities for months now and your video is by far the most clear, comprehensive and informative one I’ve come across. Thank you so much! And your right, just like any real estate agent or accountant you work with, your legal advice should come from someone who is also an investor.

@bottlersolutions6739

Жыл бұрын

This level of competence is not on every corner.....I just assume fly him out and give him everything

This is life changing information!! I know people who spend thousands of dollars for the information you're giving for free! Thank you for the level of value that you're giving!

@TobyMathis

4 жыл бұрын

Really nice to know you're getting tremendous value from our videos. Thank you for taking time to watch and comment.

That was the most informative youtube video I've ever seen. Clear, concise, direct.

Thank you Toby. I live in Clark County too. Thanks for being a strait shooter and not filling your videos with fluff. Amazing job with great info. I really appreciate you helping us with this informative video.

"If you ever say limited liability corporation in my presence, I'm probably gonna make fun of you" = Pure Gold

@colinoverweg

4 жыл бұрын

With such a straight face hahaha

@laraycolumbus662

3 жыл бұрын

Un yytu tho u you u yo tuuu

@Quo0621

3 жыл бұрын

I cracked up at that. Also the comment about "depending on what you're into...". I could just imagine what was running through his mind when he said that.

I have been reading and watching videos for a week now- and this video answered most of my questions. Thank you!

By far the most clarity I've received on corporate structure. Thanks

Thank you for the simplicity of this information. Absolutely love this channel so very informative and simply explained.

Thank you for the great educational session, which was done with a good amount of detail and nuance. You make me want to go nerd out more on this topic for sure now, it’s so good when you have someone like you and your partner giving great value in a video like this. It’s rare, so thanks again.

wow man - seriously - speechless the knowledge, wisdom and just straight to the point easy to follow saved ten lifetimes worth of mistakes !! thank you brotha !!

This video is on point!!! This video should have more views...this guy just explained the entities so easy a 5 year old can explain

Love this! Scheduled my consultation with you guys here in Las Vegas as a bday present, I owe it to myself to learn more about this

Absolutely fantastic information, an excellent and highly knowledgeable gentleman... thanks

Great video! This answered my questions about keeping my name off of the public records so kids mom can’t take me to court for more $$$ (land trust) as well as still staying protected personally (LLC)!!! Thanks so much! Subscribed! Notifications:ALL!!!

By far one of the best videos this year! Thank you sir!

@jacemoney247

4 жыл бұрын

Amazing

Thank you I was taking with my attorney and my account. About the same things. And I learned a lot more information from you thank you

Love the luggage example. Perfect

As an experienced traveler, your shaving cream analogy was spot on! Mine tends to be the cologne all over toothbrush, bleh. Thanks for incredible advice.

excellant!! info i was sued by tenant judgement in my name i switched out property in time , they still tried to attach to my building BUT!!! reached statue of Limitation , but still i had court & attorney cost!!!!as they tried this video is soooo helpful i will be consultaing with you soon

Wow you are amazing Sir. Thank you for sharing all these insider tips.

Best information I had ever watched. This video should have a million viewers

Thank you. Question if you have an pure irrovocable business trust set up would you set the land trust-LLC and put them into the business trust?

I have a few questions for you: Does there have to be a physical person as the trustee listed on the land trust if you name it "Main St Trust"? Does having a land trust remove the complication of the lender's concern regarding the 'residental' loan (conventional loan) for the LLC? NOTE: My lender is stating that I cannot have an LLC on the property Do you have to inform the insurance company of the LLC and/or Land Trust in order for them to protect the property sufficiently? Does New Mexico acknowledge land trusts? I heard that California does not....

Thank you for a such information class. In which older should I married the land trust to the LLC? Is there a particular order that they need to be established under?

I have been scouring yours and clints videos. Looking for this exact piece of information. So glad I found it. Land trust > instate LLC > Wyoming LLC. Nice

Thank you for the great content. Still a bit confused though. How does the land trust get to hold the title without the mortage company knowing that the Rental is now in an LLC. What are the steps we need to follow?

Great content! on a land trust, can the grantor assign his beneficial interest to an LLC, even if the manager and/or member of such LLC is not the grantor himself? Also, would the property's insurance company have any issues with this type of transfer, since the the grantor does not have a beneficial interest and is not part of the LLC? Thank you!

Great video! The protections of an LLC are very good as you describe. The privacy protection isn’t as strong as one might think. If someone is going to come after you for liability or other financial gain, it won’t take a PI long to figure out what you have control or access to.

@jimross2101

3 жыл бұрын

Yes, funny how an "attorney" pushes for an LLC for each property because he stands to profit immensely from forming them. And, a quick look in a county's public records will find the current ownership (maybe an LLC or Corp) and Bingo, likely the previous transfer shows the true owner for the residential real estate. In a liability lawsuit a court can pierce a corporate veil quite legally to boot. Oh yeah, lets talk about the self-employment taxes you'll be paying by switching your income from Schedule E to Schedule C...

Why do you think the s-corp or c-corp would change being required to treat the properties as inventory?

@TobyMathis

4 жыл бұрын

It won't - it will just keep you from being treated as a dealer personally and give the corporation an opportunity to offset the income.

Why Does this video not have a million views? Great Content Thank you!

@Michael-st9ky

4 жыл бұрын

Bryce Lane not many people with the mindset

@todosube

3 жыл бұрын

Because only 10% of people are rich and this is the reason the other 90 are poor.. they spent time reading sense less info.

From Toby's example of putting in multiple bids at about 12:30, he sets up land trust for each (accepted bid) property & names the trust as the address of said property?

Your great at what you do! Thank you for for bringing your insight public

@TobyMathis

2 жыл бұрын

We appreciate hearing that!

Thank you very much for sharing very useful education. We appreciate your generosity and caring! May you and your team members be abundantly blessed!🙏😃

@TobyMathis

2 жыл бұрын

Thank you!

Thank you so much. Perfect timing for me.

Wow ! 😊 thanks Toby!! This was super informative!!

I am basically clueless to all this, but you are really helping me to sort things out. This is great information and THANK YOU!

@TobyMathis

Жыл бұрын

If you ever have any questions, please consider registering for a strategy session with our company. 👍

Toby, you explained that very well. Thank you!

@TobyMathis

4 жыл бұрын

Thank you for the positive feedback. Don't forget to subscribe to our KZread channel.

Great explanations. Very helpful. Thank you.

Absolutely fantastic content. I have heard bits and pieces of this from professionals but never layed out like this. It is a little bit overwhelming though, what would the next step be, seeking out a lawyer locally?

Thank you for all the information you've provided. May ask? I'm a resident in NY and I currently have an LLC that has cash there ready to invest in a real estate property, I am looking to purchase a property in Philadelphia, PA can I still open a holding LLC in WY, have it own the NY LLC and purchase the property in PA or should I open the holding LLC in WY, open an LLC in PA and purchase the property?

I am opening up Real Brokerage in California. If I am just starting out would you suggest a holding company in Wyoming and the Broker LLC in CA? Or is that not necessary for just starting out? If I do just the 1 LLC for now is there any benefit to forming the LLC in Wyoming vs California? Would the charging order protection work without the holding company in court? In about 2-3 yrs I plan to do a Wy holding LLC because I plan to invest in rentals/flips.

Awesome presentation. A couple of questions: 1- Is LLC still the best entity if property is all paid off ? 2- LLC seems to help with a) Liability Protection and b) Avoids double taxation. But is it also helpful for estate planning for parents wishing to pass ownership of their property to their child(ren) ? I read something about "member's shares" in this regard. Thanks in advance. (from California with love :-) ).

Great video. I’m going to have to watch it multiple times to remember it all but very helpful. 😆

Hey Toby, In your video you said that if the property is not carrying any debt then go ahead and use an LLC direct to take title. Could a person still use the land trust and an LLC on a property that was debt-free?

Thanks for this info This was very Informative

Thanks, you're GREAT at this!

This is great I’m in Henderson thank you for this information!!

Excellent!!! Thank you

Always excellent job!

Wow I learned so much from your video , thank you Mr Toby

I know you are located in Las Vegas, but do have any information concerning the formation of land trust in Az? I have read that they are not recognized here!?! Want to use this strategy to move a home with a mortgage into an LLC, but not sure it's possible here.

Holding LLC in Ywoming can I put it acting S Corp by file w IRS. How to file LLC w disregarded? I already have LLC in TX. I need to set up that LLC disregarded. Should I set up new LLC or just only do amendment.

If your in Texas and the rental property is still under your name with the homestead exemption value would you still use a land trust and then put it into an llc?

How to fill out.Bank’s financial statements required for financing or home equity?

Thank you for this information; I do understand.

Should you put one land trust per llc or can you have one land trust and do an llc for each property???

Can you please make a video on tax strategies for high income earners (nt biz owners, just W2 folks). Is setting up a sole prop LLC to manage family expenses a good strategy? Any others? Thanks a million in advance!

@scottsolinko1

4 жыл бұрын

You can't set up a LLC to manage family expenses. Those are not business expenses. You need to start a business, which can lose money for 7 years

if you are holding the rental in a land trust which is owned by the llc, in what name do you collect the rental income?

Thank you. I have a question, if i moved my property into an LLC, but my mortgage is still under my name, and i am now renting that property out. Am i allowed to used an LLC bank account to pay for the mortgage?

Nice!!! 👍 Well done, ⭐🥇Toby. Even a child can understand it, we Loooove!!! The way you explain stuff's.👍👏

This was so informative I had to the Like, Subscribe & notification buttons lol thank you sir 🙏🏾

13:20 pertinent information. Toby, you're my new entity tax attorney!

Best explanation I've heard thanks

If you have an C Corp and have a lot of cash in it, because you are trying to avoid the double taxation, how do you overcome the extra taxes that may have to pay for holding too much cash in the c-corp? On top of the flat 21%

What about avoiding probate after death by using a living trust. How would that be connected or used. Can be revocable or irrevocable tust right?

You are incredible, God bless you.

One of the most valuable videos out there for real Estate investor

@TobyMathis

2 жыл бұрын

Thank you! We appreciate your comment!

Good information, now does each LLC (property) should have an independent WY LLC ? Please advise. Thanks, Rad

Amazing. Learned a lot

What about renting farmland how would I protect myself with other people's land that I have leased?

Thank you Sir. God bless you!

Finally the video I was looking for. Super well explained. I wish to have the option of multiple likes. Thanks a lot.

@TobyMathis

2 жыл бұрын

Glad it helped!

How does this impact estate planning?

So if I am financing multiple investment properties I should have multiple land trust + LLC which are all owned or held by the Wyoming LLC ?

This structure is absolute genius..

Thank you Toby, very informative video, well done. I wish I could find similar information for Australia, back to the search.

@TobyMathis

2 жыл бұрын

Thank you! We hope your search goes well!

Thanks for the great video, I am wondering if a property used for an air bnb, generating income would be considered “active” according to the examples in your video even though I am holding it and therefore best in an S-Corp?

@raakgu

2 жыл бұрын

I think that would still be a buy and hold rental property. Active is more pertaining to the amount of time you plan to keep the property.

Very Informative THANKS 😀

@TobyMathis

2 жыл бұрын

Thank you for watching!

Hi Toby, With respect to the land trust can the beneficiary and the trustee be the same entity?

Purchased my personal residence 10 years ago. For some reason the transaction was published in local newspapers, along with my name and home address. Same info also appear online through the news websites. How can LT or LLC help with anonymity in this case?

Separate LLC for holds and S Corp to flip. Thanks man

Great content ... Thank you..

Can you refer me to a attorney in California who knows all of this information and who also knows how to do whole sale closings, wraps and subject to?

I love this! I wish there was someone here who knows this in Wisconsin!

@TobyMathis

Жыл бұрын

We do operate virtually in Wisconsin.

Awesome information! Thank you for sharing it with all of us... you got my like and subscribe as well...

@TobyMathis

3 жыл бұрын

Thanks for the sub!

to buy and hold real estate the holding LLC can be taxable as S corp?

Such great information! Thanks so much! I have one for you. I currently own my (California) rental in my name and would like to do a 1031 exchange to pull the money out and buy 3 rentals in 3 other states.. I see the need for the land trust, holding company and LLCs.. At what point would I open the original and subsequent LLCs?

@TobyMathis

4 жыл бұрын

With a 1031 exchange the property, you must maintain continuity of ownership so it might be best to complete the transaction if the property is already in your name and then transfer the properties into the appropriate entity. Of course, you will want to work closely with your qualified intermediary before making any decisions.

Let's say an LLC registered in Wyoming entitled Xaax LLC has three SaaS products (Saas A, B, and C), and an investor wants to invest in SaaS A, so the founder has decided to pull SaaS A out of XaaX LLC and form SaaS A, Inc as a C-corp in Delaware. What is the feasible method? And how to run multiple products company?

Great content!

Is BRRRR strategy considered active or passive real estate?

Amazing content!!!!!

What if you want to keep your realestate off your personal taxes? Would c Corp do that?

Whats the best entity structure for owner financing?

If I create an LLC TO use as trustee (let's call it XYZ, LLC). Let's say I have 20 properties in separate Land Trusts. So house one is titled to Smith Family Trust, ABC, LLC Trustee. Another is titled to Johnson Family Trust. If a lawyer sees a bunch of deeds titled to Land Trusts with the SAME trustee, won't he operate under the asumpion that these are all for the person (assuming he's a decent attorney)?

If I could give you 2 thumbs up I would...only could do 1. I am in Arizona are you able to help from Nevada to set up a Land Trust & LLC for our one rental? I see your "schedule a 30 minute strategy session". I am guessing this is to discuss details of what we have and what we foresee as it relates to prospective property ownership? It would be great to know the cost for setting a Land Trust & LLC up in Arizona, in addition to ongoing state fees, tax consequences etc.

@TobyMathis

4 жыл бұрын

We set up entities and land trusts all over the country. Our advisors can give you everything you need in terms of cost and tax consequences to your business.

What if I bought property in name, should I transfer to LLC and pay transfer cost

I wonder, if you already have a rental home in your name, and then put the home in a land trust, does that give you anonymity, or would a search still show you as the previous owner, and an attorney would still infer that you remain the current owner?

What are the rules for taxing rental house that produces about $10,000 a year in the name of a LLC taxed as a S-Corp. is that even necessary?

Wow...thanks for the info.