Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode of the LearnLikeaCPA show, I dive into the essential playbook for setting up LLCs as a real estate investor. I break down the pros and cons, common mistakes, and the key steps to structuring LLCs for asset protection and tax efficiency. You'll learn when you actually need an LLC, how to avoid creating unnecessary tax returns, and my guidelines for determining the right amount of equity per property before setting up a separate LLC.Timestamps:00:00:00 Intro00:00:58 Why LLCs Don’t Save You Money on Taxes00:01:43 Guidelines for Determining When to Set Up an LLC00:02:28 Pros of Setting Up an LLC for Asset Protection00:03:14 Common Mistakes with Multi-Member LLCs00:04:53 Avoiding Unnecessary Tax Returns00:05:43 Back-of-the-Napkin Math for Equity in LLCs00:08:08 Steps to Setting Up an LLC Properly00:09:33 Registering LLCs in Out-of-State Investments00:10:33 Outro and Call to Share the PodcastWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

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