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General Questions

What type of insurance do you offer?

Insurance

How much insurance do you recommend?

What should I do with my current insurance policy?

Life Insurance

Why would I use life insurance to make investments?

Can I move my life insurance policy into the asset protection structure?

Umbrella Insurance

I have an umbrella insurance policy and that is all I need for now.

LLC

If I have an account for the Series and the Traditional which account would I pay bills from

If we want to pay ourselves is it best to take it from our Trad LLC operating entity or from our Series LLC bank and how do we note that on our spreadsheets?

If we self manage, is a Traditional LLC necessary for managing our properties?

Can we hold more than one (1) property in a Land Trust connected to our Trad LLC?

How do I sign on behalf of an LLC that is doing business under a “Doing Business As” (DBA)?

When opening a bank account for the business, what business name do I use? How do I go about obtaining an EIN for that purpose?

This will be a cash purchase, should we use the LLC’s name or our individual names?

Will my LLC be recognized in other States?

Should my traditional LLC be insured?

Should my homestead property be held in an LLC?

How do I pay myself from the LLC?

How is money moved into an LLC?

How do I sign for an LLC that is owned by a trust, of which I am the trustee?

How do I sign for an LLC that I own personally?

What should I call my LLC Or DBA?

What are the annual requirements of an LLC?

Whats the benefit of getting a Series LLC over just putting properties into a land trust?

Why do I have to give you my Social Security Number, isn't this supposed to be anonymous?

How is my Series LLC related to my Property?

Can I add anonymity to an LLC that was created without it?

What is an Agent Trust?

In what way do I sign on behalf of an LLC that is doing business under a “doing business as” (DBA)? E.x. Real Estate Business LLC with a doing business as registration of REI Investors

What are the fees for setting up and maintaining an LLC or a Series LLC?

If my LLC is formed in a state other than my home state, do I need to register the LLC in my home state as well?

Is a Series LLC right for the type of business I want to run?

Is the SLLC Foreign Filing Fee required in each state?

Will any changes need to be made if using one business account for all properties and utilizing Quickbooks to track the revenue/expenses of each series using class tracking?

Does it cost more to own a traditional LLC or a Series LLC?

What is the difference between a traditional LLC and a Series LLC?

Can my minor child be a trustee of my agent trust?

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Series LLC

What is a Series LLC?

What are the benefits of a Series LLC?

My property is located in a state that does not allow for the creation of a Series LLC. Will it still recognize the Texas Series LLC?

How difficult is it to form a Series LLC?

Once the property is transferred into the Asset Holding Series LLC, what do I do with insurance?

Who owns the asset holding company?

How does the money flow if you have the Series and the Traditional LLC?

Can I hold properties directly in the Series LLC?

In Texas, how much savings would one be looking at by having 3 LLC's in series structure vs 3 separate LLC's?

Can I name my Series the same name as my Traditional LLC?

As a California resident, should I form my Series LLC in California?

What are some of the miscoceptions about the lack of history and novelty of the Series LLC?

Can I establish a Series LLC in my state?

What is the advantage of having a Series LLC over Multiple Traditional LLCs for real estate investments?

What are some general rules and guidelines for holding various real estate equity in a Series LLC?

How will I report my taxes from my Parent Series LLC?

What types of assets can be held in the same Series LLC?

Can each child series have its own EIN?

Who controls the Series LLC?

How much money or equity you should keep in a series llc?

What is my public facing title in regards to the Series LLC?

What can I do to keep a SLLC from being "pierced."

How does a Series LLC impact my ability to obtain financing?

Can I use my existing LLC as a parent or child in my Series LLC?

Why is a Series LLC better than a traditional LLC?

Which real property should be held in the Series LLC?

How difficult is it for a lawyer to figure out who owns the Series LLC, meaning it isn't really that anonymous?

Is there a filling fee/ creation cost for each child series?

If a different bank account will be utilized for each property in the series LLC, are the accounts opened in the name of the parent LLC or the child series LLCs?

How does transferring my properties from my name to the series LLC and/or land trust impact my title policy?

Should I use a C-corp or an SLLC for my real estate business?

Will a Series LLC in one state hold up in another?

If I set up my bank account with the Parent Series LLC EIN in the state in which I live, is the Parent Series LLC considered doing business in that state and must register?

How can I create an individual child Series?

Do I set up my rental agreements, or other agreements such as property management, in the name of the Parent Series LLC?

How does the lack of case law surrounding the Series LLC impact its effectiveness?

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DST

I have been told that putting all assets into a trust is risky because if found, all of them are vulnerable/liable. Is this true of the DST?

When I transfer title to a trust or DST, does it trigger a re-assessment for property taxes?

Can I use the DST to purchase real estate in all 50 states?

If I place my homestead in the DST, will I lose my homestead exemption?

I have a lot of carry over losses on my properties right now that I’d intended to use when I sell them to lower my taxes. Will this go away if I put the properties in a DST or trust?

How does the liability protection offered by a DST compare to the protections offered by a limited liability company or corporation?

Should the DST be used for active investments, passive investments, or both?

What type of annual maintenance is required for a DST?

Can an assignment of interest be used to transfer assets into a DST?

How private is my DST? Can someone search for it publicly and find out that I am running it?

Once I setup a DST, can I keep the same bank accounts which are under my current LLC's or would I need to open new accounts? Is it possible to just have the bank change the bank name but keep the same

Do I need multiple bank accounts for my DST or one bank account set up for the DST?

What assets can be held within a DST?

Why is the DST Ideal for CA residents and investors?

What is a DST?

Delaware Statutory Trust (DST)

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Equity Stripping

What is equity stripping?

Estate Planning

What does a comprehensive estate plan include?

Should we make copies of the Estate Plan and who should get those?

What do we need to fill in on the Exhibits at the end of the Living Trust? Do we fill those in or someone else?

Can we make specific wording in our Living Trust if we want to make sure a specific person is listed?

Why do we need an alternate agent or representative?

Should I use a regular will or a comprehensive real estate plan?

For estate planning items: Can the witnesses that sign documents be relatives?

If I and my partner get hit by a bus, how do I ensure that the trustee of my personal estate can step in to manage the assets of the LLC?

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Land Trust

I want to refinance my property but it's owned by my trust! What do I do?

What is a nominee trustee?

What address should I use for a land trust when I am recording a deed?

Can I buy the property directly in the name of the Land Trust?

Should there be a separate land trust document for each property?

Does the transfer to a land trust violate the “due on sale” clause?

How is a land trust different than an agent trust?

What is a land trust?

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IRA

Can I establish a self-directed IRA if only my spouse is making income this year?

How can I make a Roth IRA contribution if met the maximum income threshold?

Can I contribute to a Traditional or Roth self-directed IRA if I’m covered by a retirement plan at work?

Is my IRA contribution deductible?

What is a checkbook-control IRA LLC?

Can I get a loan to buy real estate with my IRA?

If my primary reason for establishing the IRA is to receive income from and pay expenses for rentals electronically, do the underlying properties need to be transferred from the IRA into the Trust

Should my spouse or children be the beneficiary of my self directed IRA or should I list my living trust?

What is a custodian and what is the role of a custodian in the IRA process?

What is a self-directed IRA, or SDIRA?

How much can I contribute annually to my IRA?

Can I claim all of my IRA contributions?

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Self-Directed IRA

What is a Self-Directed IRA?

Does having a SDIRA make me more likely to be audited by the IRS?

My current CPA believes there is an incurred 39% tax if I switch to a SDIRA and has warned against doing so. Is this true?

What is the typical timeline to open a SDIRA or 401(K)?

Can I add more properties to the IRA LLC/Trust to manage them similarly?

What restrictions are there on using a self-directed IRA?

Can a Self-Directed IRA own hard assets, like vehicles?

How do I get money out of the Self-Directed IRA?

My IRA purchased a land contract for a home. Do I have any personal liability for this contract? If so, how can it be limited?

An IRA Trust, as opposed to an IRA LLC, is not registered with a state. So, where is it registered?

What can a self-directed IRA invest in?

Can my self-directed IRA invest in my personal business, company, or deal?

Can I form the IRA Trust in a state other than the state in which I currently live?

Does investing via an IRA Trust change any rules on how I qualify for the accredited investor status?

What does the annual compliance fee for the SDIRA include?

Can I make SDIRA contributions after age 70 ½?

How is a Self Directed IRA ("SDIRA") different from other retirement plan options?

What assets can I invest in with a Self-Directed IRA? Are there any limitations or restrictions?

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Funding My IRA

How can I transfer funds into my new account?

How long does a transfer take?

What is the difference between an indirect and direct rollover?

Can I rollover or transfer my existing retirement account to a self-directed IRA? I have a 401k account with a current employer.

Can I rollover or transfer my existing retirement account to a self-directed IRA? I have a Roth IRA with a bank or brokerage.

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Managing My IRA

Do I pay taxes on RMDs?

What if I fail to withdraw my RMD that year?

What is a RMD?

What rules apply to an LLC I invest in?

Solo 401K

How does a Solo 401K work?

How do I use my Solo 401k?

What can my Solo 401K invest in?

Is RLS the custodian of my Solo 401K?

What forms do I need to fill out for the IRS for my Solo 401K?

How do I operate a Solo 401K?

What all do you guys do to set up and/or run the Solo 401k?

How do I set up a loan between the 401K and myself?

What is the max amount I can loan myself?

What is the max amount I can contribute per year?

Should I use an individual 401k instead of a self-directed IRA?

Can I contribute to my Solo 401k and match it if I'm filed as an S-corp?

What should I do with my 401k: keep contributing while my employer will match contributions, or set some money aside to fund my first real estate investment?

Who is the custodian of my Solo 401k?

Can my spouse get a Solo 401k too?

How do I get money out of my Solo 401k?

What assets can I invest in with a Solo 401k? Are there any limitations or restrictions?

Can a Solo 401k own hard assets, like vehicles?

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C-Corp

What are the benefits of a C-Corp?

Who can use a C-Corp?

Banking

Who's name and address goes on the bank accounts?

Do I need a separate bank account for each property?

How do I fund my Series LLC and how do I receive the income generated from my properties?

What documents will the bank need to open the new bank account?

What entity should I open a bank account in?

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Creating and Maintaining your Asset Holding Company

How do I keep my asset holding company in “good standing”?

I purchased an Asset Protection Package. What happens next?

What will the address of my new company be?

Operating the Business Entity Outside of Texas

Do I need to register my Series LLC in the state where the properties are located?

How do I register my Series LLC in a state outside of Texas?

Purchasing New Property

I am purchasing a new property by myself. What should I do?

I am purchasing a new property with a group of investors. What should I do?

Will transferring the property violate the “Due on Sale” Clause in my mortgage?

Property Transfer

If I use a property management company, what name do I list as the owner of the home?

My wife doesn't own the property, so why does she have to sign the deed with me?

I signed my deeds but never sent them in for recording, why are the properties still in my name and not in my trusts?

Can I use an electronic notary to sign my deeds?

I checked the assessors website and see that my personal name is still listed, does this mean that my deeds were not recorded?

What is the process for an out of state property transfer?

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