@@paulross2979 exactly. It’s about getting the right advice from the start. You pay hundred to save thousands and thousands to eventually save millions
I used an attorney. The well known experienced asset protection attorney failed to register the LLC with the California Secretary of State costing $5,000.00. Attorney did not stand by his work.
i created my LLC s-Corp at California State website in 10 minutes for free... with $5 fee for mailing certified document. Getting EIN today on same site. then BOA Business checking account and BOA visa CC. Tracking with MINT.
I set up a Wyoming LLC from listening to your videos. But i didn't let a attorney do it. Now im having Anderson edit my operating agreement. I wanted my Wyoming to own Ohio LLC. Looks like they though i wanted to turn my Wyoming to a holding LLC and thats it , i want it to own my Ohio. Thats the whole point, Hopefully they can fix it .
I have a Certificate of Organization for my LLC, which was created on 05/30/2024. However, I do not have an EIN, ITIN, or bank account, and I am a foreigner. Is it necessary to close my business, or can I leave it as it is? Are there any tax liabilities or BOI reports that I need to be aware of?
@@ClintCoons If I decide to continue with the business, I would need to: Change the registered agent Refund Money from the previous agent? Create an EIN and ITIN Complete the BOI report Stay in compliance with all necessary regulations Can you assist with these tasks, and how much would it cost? Thank you.
Thanks for the video, great as always. What about if i already set it up via those Online entities, what will be your fee to check the LLC registration or formation is correct? Thanks
You would need to be a Platinum client for us to review your filing or operating agreement. Platinum is $2500 to join and $35 a month to maintain for unlimited consults and document reviews among a host of other benefits.
Hello Clint , by chance do you know if typically does a real estate investing based LLC carry the entity business protections and Liability separation to other states into fast paced transactions that I may not have time to set up the proper foreign qualifications in time for ? Though I still would like to know if the LLC still has it coverage capabilities intact
I currently have 3 rental properties (no LLCs). The properties are in NC (1) and SC (2). I'm considering setting them up with this format. Can you give me an idea what the cost would be for your office to set all this up for me? Is it a disadvantage for me to use an attorney in Wyoming? Also, I'm in the process of building a new home for our primary residence. Would it be wise to put this property in a land trust?
Yes, you will need someone in WY to set up this entity for you if you desire anonymity. Yes, I would consider the use of a land trust for your residence. If you would like a FREE 30-minute consultation to discuss the setup, you can request one here - aba.link/30minSession By the way, I will be hosting a RUclips Live session on Thursday wherein I will discuss LLCs and the strategy you asked about. If you are subscribed you will get notified of the time.
Hello Clint! I have been following you for a while. I have 4 rental property and want to start putting it into a land dust and Llc. I live in texas and need help.
Ophelia, we can definitely assist with that. I suggest you set up a FREE 30-minute consultation so we can review your situation. You can request one here - aba.link/30minSession
No but keep your assets separate, get a prenup, and or set up your own living trust now and place all of your assets into the living trust and do not change it after marriage.
@@ClintCoons How do we get a free consultation? I want to know how to set up a non REI business thru Wyoming and will where I live matter of have tax implications.
Great info. I learned about you from watching Richard Fertig. When I'm ready I look forward to having the free 45 minute consultation. One question: why isn't the company named Coons Advisors? 😄
Hi can you help if you have an LLC and you have Court violations towards the LLC and you're planning to dissolve to put as a sole proprietorship can you do that and can the violations go towards your own name as owner sole proprietorship so you can address the violations in your own name because as LLC you cannot represent yourself or your company you can only represent yourself in your name so was going to go back to sole proprietorship anyway might as well do it now can you verify what the violations currently also be transferred to my name or no?
Tremendous advice. Really helps to have the right team on your side. So I save $800 in taxes, but pay $800 in attorney fees. 🤪
But you'd pay the taxes yearly. But you'd pay the attorney fee once.
@@paulross2979 exactly. It’s about getting the right advice from the start. You pay hundred to save thousands and thousands to eventually save millions
Please don't forget about WY statutory trust video that you mentioned.
Thanks
I used an attorney. The well known experienced asset protection attorney failed to register the LLC with the California Secretary of State costing $5,000.00.
Attorney did not stand by his work.
That sucks.
i created my LLC s-Corp at California State website in 10 minutes for free... with $5 fee for mailing certified document. Getting
EIN today on same site. then BOA Business checking account and BOA visa CC. Tracking with MINT.
I set up a Wyoming LLC from listening to your videos. But i didn't let a attorney do it. Now im having Anderson edit my operating agreement. I wanted my Wyoming to own Ohio LLC. Looks like they though i wanted to turn my Wyoming to a holding LLC and thats it , i want it to own my Ohio. Thats the whole point, Hopefully they can fix it .
Thanks for your business.
Hey can you do more STR videos. Like how you should go about building a STR tiny house. Should you open a LLC to build the property or? Thanks so much
Great idea. I will add it to the list.
@@ClintCoons Thank you so much I will be watching for it! Thanks!
Quick question: After this info, I dont want to trust my assets with anyone else, can I request you as my Agent?
If you would like a FREE 30-minute consultation, you can request one here
- aba.link/30minSession
Do you only do real estate LLC's? I want to start my business but it's not real estate.
No we set up all forms of businesses.
Hey Clint
Found your videos just recently and you have already saved me a bunch of headaches
How do I get the free 45 mins?
If you would like a FREE 30-minute consultation, you can request one here
- aba.link/30minSession
I have a Certificate of Organization for my LLC, which was created on 05/30/2024. However, I do not have an EIN, ITIN, or bank account, and I am a foreigner. Is it necessary to close my business, or can I leave it as it is? Are there any tax liabilities or BOI reports that I need to be aware of?
I suggest closing it if it is not being used.
@@ClintCoons
If I decide to continue with the business, I would need to:
Change the registered agent
Refund Money from the previous agent?
Create an EIN and ITIN
Complete the BOI report
Stay in compliance with all necessary regulations
Can you assist with these tasks, and how much would it cost?
Thank you.
Thanks for the video, great as always. What about if i already set it up via those Online entities, what will be your fee to check the LLC registration or formation is correct?
Thanks
You would need to be a Platinum client for us to review your filing or operating agreement. Platinum is $2500 to join and $35 a month to maintain for unlimited consults and document reviews among a host of other benefits.
@@ClintCoons 2500 to join? Just making sure you write the correct amount.
@@ClintCoons and you fellas are well versed with tackling anything real estate related in all 50 states?
@@AdrianButler86 Yes we do
Thanks for this video!
Bill Smith
Thanks for watching.
Great info thank you for this
Very welcome
Hello Clint , by chance do you know if typically does a real estate investing based LLC carry the entity business protections and Liability separation to other states into fast paced transactions that I may not have time to set up the proper foreign qualifications in time for ? Though I still would like to know if the LLC still has it coverage capabilities intact
Yes it does. In a situation like yours a WY LLC may be the best choice because it is quick to establish.
I currently have 3 rental properties (no LLCs). The properties are in NC (1) and SC (2). I'm considering setting them up with this format. Can you give me an idea what the cost would be for your office to set all this up for me? Is it a disadvantage for me to use an attorney in Wyoming? Also, I'm in the process of building a new home for our primary residence. Would it be wise to put this property in a land trust?
Yes, you will need someone in WY to set up this entity for you if you desire anonymity. Yes, I would consider the use of a land trust for your residence. If you would like a FREE 30-minute consultation to discuss the setup, you can request one here
- aba.link/30minSession
By the way, I will be hosting a RUclips Live session on Thursday wherein I will discuss LLCs and the strategy you asked about. If you are subscribed you will get notified of the time.
Hello Clint! I have been following you for a while. I have 4 rental property and want to start putting it into a land dust and Llc. I live in texas and need help.
Ophelia, we can definitely assist with that. I suggest you set up a FREE 30-minute consultation so we can review your situation. You can request one here
- aba.link/30minSession
🖐🏾👀Since your specialty is REI law, what type of atty should ppl use starting a non RE business?
We do both. If you would like a FREE 30-minute consultation, you can request one here
- aba.link/30minSession
@@ClintCoons Thank you kind sir!🙏🏾
By keeping anonymity, if I were to get married, would wifey beable to still take half? I have bad luck picking partners lol. Thanks Mr. Coons
No but keep your assets separate, get a prenup, and or set up your own living trust now and place all of your assets into the living trust and do not change it after marriage.
Would it be beneficial to rename an established LLC with EIN that needs rebranding anyway or is it not worth all of the trouble and paperwork?
Depends on wether the existing LLC has any potential liability claims that could hamper your new venture. If not then no need to set up a new entity.
@@ClintCoons How do we get a free consultation? I want to know how to set up a non REI business thru Wyoming and will where I live matter of have tax implications.
@@cancelaaatoday The show notes has a link for a strategy session
How do I find a good attorney for an LLC in the state I own property????
If you would like a FREE 30-minute consultation, you can request one here
- aba.link/30minSession
Thanks Clint 🙌
You bet!
Great info. I learned about you from watching Richard Fertig. When I'm ready I look forward to having the free 45 minute consultation. One question: why isn't the company named Coons Advisors? 😄
That is a bit of a story. Join me at one of my events and I occasionally share it.
@@ClintCoons I to am curious about that. When u say events, u mean la live event?
@@AdrianButler86 Yes - in person events. Currently, all of our events are via zoom
Hi can you help if you have an LLC and you have Court violations towards the LLC and you're planning to dissolve to put as a sole proprietorship can you do that and can the violations go towards your own name as owner sole proprietorship so you can address the violations in your own name because as LLC you cannot represent yourself or your company you can only represent yourself in your name so was going to go back to sole proprietorship anyway might as well do it now can you verify what the violations currently also be transferred to my name or no?
Not sure what you mean by violations?
Hi I want to set an llc from India. Having construction business
I'd recommend signing up for a free consultation with my team aba.link/e7f805
Clint my boy
😀
Pocket deeds?
A deed that is not recorded.
Private message me. I need to set this up.
If you would like a FREE 30-minute consultation, you can request one here
- aba.link/30minSession