MAJOR Benefits of Limited Liability Companies
The REAL ESTATE LLC in Georgia is a business entity that you can think of as a hybrid merger of the partnership and the corporation with all the good qualities of each and none of the bad. Properly structured, this unique business form offers full limited-liability protection to all the owners (like the corporation), yet can have pass-through tax status (like the partnership). In addition, the REAL ESTATE LLC has a second layer of liability protection that shields the business from any personal lawsuits that may befall you. Overall, the REAL ESTATE LLC offers great benefits to owners of real estate at all levels.
The REAL ESTATE LLC is an extremely flexible business entity. It will allow you to choose how to distribute the profits, decide who manages the business’s day-to-day affairs, and decide how the profits are to be taxed. It can also offer a safe haven in terms of liability protection.
The overall advantages of the REAL ESTATE LLC include the following:
PRIVACY: Structured properly, your name never appears at the courthouse nor on the public record. The REAL ESTATE LLC allows you to honestly say “I do not own this real estate,” because you don’t.
Personal liability protection: Any creditors who come knocking or lawsuits filed against your business can’t affect you personally. Even though the assets of the REAL ESTATE LLC in question may be at risk, the creditor can’t come after you personally. You can rest assured that no matter what happens in the business, your family’s assets are safe.
Business liability protection: The REAL ESTATE LLC is one of the only entities that prevents personal lawsuits and creditors from liquidating your business to satisfy a judgment.
No ownership restrictions: You can have as many owners as you need. Even other entities can be owners! You have complete control as you choose.
No management restrictions: Owners can manage and managers can own — you decide. You can choose to manage the business yourself, or you can enter into a management agreement with another party. You are always in charge.
Flexible tax status: You can choose from a multitude of ways to be taxed, depending on what works best for your situation. This feature provides tremendous flexibility when it comes to estate planning.
No separate tax returns: With the REAL ESTATE LLC, the business’s profits and losses are reported on your personal tax returns. No additional layer of tax return is required.
No double taxation: Unlike some business structures, LLCs can have pass-through taxation. This means that the profits won’t be taxed at the company level, only at the individual level.
Flexible profit distribution: You decide what percentage of the profits to give to whom — no matter how much of the company the person actually owns.
DESCRIPTION OF CONTENT: John Adams has developed a seminar called THE REAL ESTATE LLC IN GEORGIA to show you how you can achieve Tax Benefits, Liability Protection, and Total Privacy. He will share with you his new hybrid and unique LLC that has been developed to hold ownership of your real estate. It’s quick, it’s easy, it’s flexible, and it’s inexpensive.
It doesn’t matter if you own one piece of real estate or you have finally acquired every parcel you’ll ever need, whether you are just getting started or have been in the game for years. If you own any real estate at all, it’s important that you hold title in the right entity. That’s because greedy lawyers and deadbeat tenants would try to steal ownership of your property away from you, but only if you let them. And if you own multiple properties in your own name, you are begging for a lawsuit. Now is the time to TAKE ACTION and structure your ownership in such a way that you get all the tax benefits the law allows while at the same time employing the same level of liability protection used by major corporations.