Episode #13 | Top 3 Real Estate Investor Questions Part 3 | John Skabelund

The Asset Protection Show: Expert Strategies by Attorney John Skabelund | Episode #13:


Join John Skabelund for the final installment of this series focusing on the top questions real estate investors have about LLC operating agreements and property ownership.



John is an experienced and nationally recognized attorney with extensive experience protecting client’s assets throughout the United States. His clients describe him as having the heart of a teacher due to his ability to explain complicated topics in plain English. With more than a decade of experience, John Skabelund has adeptly protected a diverse range of clients’ estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client’s unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. Furthermore, as an outside general counsel, John has been instrumental in developing succession plans and buy-sell agreements for business owners.



In this episode, explore what an LLC operating agreement is, why not all are created equal, how your LLC impacts your taxes, and which entity protects you most.



00:00 - Intro.
01:05 - Operating Agreements: What are they?
02:48 - Not all operating agreements are created equal.
05:05 - Poison Pills in the LLC Operating Agreement.
07:04 - Single Member LLC vs. Multi-Member LLC.
10:21 - LLC & Taxes.
13:39 - Closing Statements.




DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.