Brag Radio

In today's show, Larry and Kandas discussed asset protection. They talked about different types of entities, its pros and cons, and what you need to set up your business. Don't miss this episode! Topics: Types of real estate: - as a business - as an investment Buying and selling properties What a pass-through entity is The need to have entity for your investment Two different operating agreements - as a business - as an investment Types of entities Where LLC (Limited Liability Company) are set up and how you can reserve your entity name Different asset classes Setting up entities The problem with setting up an entity in a different state other than the one you live in/doing business in The state of domicile Purposes of Certificate of Authority to transact business in any state that you do business in What you need to keep in mind when securing Certificate of Authority to transact business Ways corporations are taxed: - C Corp - S Corp Advantages and disadvantages of C corp What sole proprietorship is What la