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Protected Entities
The next level of Asset Protection review involves liability-protected entities for investment assets. In this regard, strong consideration should be given to having most, if not all, of your real estate and financial investments placed into liability-protected entities such as LLCs. It is absolutely critical to protect your other assets from the liability of real estate ownership, especially if it is either a residential rental or commercial real estate. Moreover, an LLC gives some protection for personal liability as well as protection of claims against the property itself.
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