I Am Not An Attorney Questions Submit here and after the webinar, - - PowerPoint PPT Presentation

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I Am Not An Attorney Questions Submit here and after the webinar, - - PowerPoint PPT Presentation

Jan 27, 2023 343 likes •1.26k views

I Am Not An Attorney Questions Submit here and after the webinar, Ill answer. 24 Hours You will get all powerpoints at the end. Your Structure Should Include: Proper Entities Proper Ownership of Entities Tax Reduction

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I Am Not An Attorney

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Questions

Submit here and after the webinar, I’ll answer. 24 Hours

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You will get all powerpoints at the end.

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Your Structure Should Include:

  • Proper Entities
  • Proper Ownership of Entities
  • Tax Reduction Strategies
  • A Plan For Your Death
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What We’ll Cover Here:

  • Land Trusts
  • Corporations
  • Asset Protection
  • How it all works together
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Land Trusts….. What are they?

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2 Parts Deed

and

Declaration of Trust Agreement

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Why do I need one? Privacy…ease of transfer, liens don’t attach.

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Do I need an attorney?

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Deed must be recorded

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No transfer tax

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Should my home be in one?

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What about Homestead Exemption?

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Can the bank call the loan? NO!

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Garn St. Germain Depository Institution Act of 1982

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What if I get a bank loan?

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No tax return, ID number, bank account

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Who pays taxes?

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Who is trustee?

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Who is the beneficiary?

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Can I take title in a LLC work instead? Yes, but…

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LLC’s require an

  • Annual Fee
  • Tax Return
  • Easy To Find Owners
  • Federal ID
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Land Trusts

  • No Fee
  • No Tax Return
  • Total Privacy
  • No Federal ID

Plus….

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If you take title to several properties into one LLC… anything happening to one affects all.

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All your eggs are in

  • ne basket.
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Land Trusts

One Egg One Basket

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But my attorney says it won’t work here?

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If there is no state statute, it doesn’t mean it won’t work here! Works in 50 states.

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Only downside is ignorance from professionals!

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What if someone convinces me you’re wrong?

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My attorney told me to deed my properties to my living trust.

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Not a good move.

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Never put your living trust or your IRA on the deed as the owner. Owners are liable.

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Land trusts will only have one house. One egg in one basket.

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Estate Plan

Living Trust

Life Insurance Trust

Will Will

Children’s Trust

Grandchildren’s

Trust

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Want More?

Ron’s new Structuring Your Empire Video System

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My attorney waspresent to teach with me.

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LLC vs S vs C

  • Which to use when and why
  • Requirements to maintain
  • What state to incorporate
  • Nevada – Pros/Cons
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  • Why the words Asset

Protection should never leave your lips except to your attorney

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  • How to make sure predators

never get your assets even when they know what and where they are…in any state.

  • How to own everything,

married or single.

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But Ron!

I don’t have much to protect. Why do I care?

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A few simple moves now can ensure you don’t work for years and have to start over.

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We are in the most litigious society in our 242 year history.

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Lawsuits are the new business opportunity of America.

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When you have nothing to get, it discourages predators from coming.

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But, even if they do, your

  • bjective is to make sure they

get NOTHING.

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  • You’ll Sleep Better
  • Worry Less
  • Make Better Decisions
  • Probably Have More Sex
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But Ron!

I live a clean life, pay my taxes, keep my promises and go to church. No one will sue me.

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So, what you’re saying is everyone who gets sued is a scoundrel who does mean things and deserves it.

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Do you know anyone who got sued and expected it?

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So, if you fall asleep behind the wheel and kill 2 people, do you think you won’t be sued because you’re a good person?

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When you own rental houses

  • r equipment in your name,

there’s a big target on your back.

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When your child drives your car, your chances of a suit triple.

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If you have employees, it’s

  • nly a matter of time.
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The IRS does not care if you’re a good person. They can take everything you

  • wn…if you’re foolish enough

to let them.

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Maybe I’m wrong and you’ll never get sued. I Hope So!

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But, what if I’m not?

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Don’t you think it’s worth a little time and money to learn and implement a few inexpensive things to protect your family?

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Then, there’s Estate Planning

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  • An estate plan everyone can

use and cool things you can do and what you can’t do to avoid deadly traps some attorneys advise you to do.

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We picked 2 from class and built an asset protection and estate chart for them while you watch.

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  • You’ll see mine, and my

attorney will explain each piece…I translated to English.

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  • Land trusts inside and out.
  • Trusts for non real estate.
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Never Pay Taxes On Your Profits! 2 Ways

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Roth IRA & 1031 Exchange

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  • Proper use of your IRA and

deadly mistakes.

  • How to never pay UBIT.
  • Steps to set up and use and

stay legal.

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1031 Exchange A gift from the IRS

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$300 $350 CF $600k ARV $35k DP $300k ARV $15k DP $400k ARV $25k DP $50k ARV $700 CF $25k ARV $300 CF $35k ARV $500 CF

You sell and get $75k cash

Buy 3 houses with Owner Financing with the cash You Lease Option all 3 $1,300,000 $75k DP $120k Dep $1500 CF

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  • $300k value to $1300 value
  • $350 monthly cash flow to $1500

monthly cash flow

  • $75k cash from sale into $120k cash

you keep

  • Pay no taxes
  • Turn 3 houses into 9 when sold
  • Pass to children with stepped basis

Results

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You can download all these PowerPoints. We’ll e-mail them to you in about an hour.

Relax

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Regular Cost $1995

But…

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Today $1495

Gold Club members deduct 300 points for a total cost of $1195 If you order within 30 minutes.

800-567-6128

www.RonLeGrand.com/EmpireOffer

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Masters

10% off balance 800-567-6128

www.RonLeGrand.com/EmpireOffer

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You’ll get Instant Access via email.

Please make sure your email address is correct.

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Questions

Send to Ask@RonLeGrand.com

You may submit for 24 hours.

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But, There’s More…

If you order within 30 minutes Upon request, I will review your questionnaire and make suggestions on what you should do.

800-567-6128

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You’ll receive the questionnaire with the link. You have 90 days.

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30 Minutes 800-567-6128

www.RonLeGrand.com/EmpireOffer

  • Gold Club members deduct $300
  • 200 extra points
  • Consulting with me