How Form 5495 Estates 2017-2023

The best legal entity for real estate investing is hi I'm Phil outs with freedom mentor calm I'm a full time real estate investor real estate mentor I've been a part of a whole lot of deals over the last ten years and in this video I am going to share with you what is very helpful to know when contemplating the idea of setting up an LLC or a corporation if you're gonna be real estate investing and one big disclaimer I am NOT giving you legal advice in this video nor might giving you accounting advice either I am going to recommend prior to you setting up anything that you speak with a qualified attorney as well as accountant to make the best decision on if and when and what type of entities you need to create if you're going to be real estate investing but since I'm not an attorney I'm not an accountant I'm probably to tell you stuff they wouldn't tell you and what I'm going to share with you comes from the school of hard knocks comes from a lot of years of making good and bad decisions and this is the kind of stuff that I didn't read in books in fact I'm going to probably and in this training here I'm going to probably contradict some things you may have read in some other famous books because it is interesting what happens in the real world with this stuff so let me put myself in your shoes for a moment maybe you're first getting started or you're contemplating becoming a real estate investor and maybe you're trying to consider what you need to do as far as an LLC to set one up when do you set it up they even set...