LLC Mistakes That Could Cost You Everything!
Published 2022-02-28
Important video today! Here are some important mistakes that can cost you some $$$!
8 Stupid Mistakes in Your LLC Operating Agreement
• 8 Stupid Mistakes in Your LLC Operati...
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Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#llc #mistakes #realestate
All Comments (21)
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Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/eb2487
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Clint, great case study here. This is why you pay money to get your corporate structure properly set up instead of downloading LLCs off the intenet. In the Asset Protection world, details matter.
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I’m a new subscriber and I’ve been binge watching your content. Very good stuff! You’re really good at explaining things. Thank you for your work!
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Thanks for pointing this out, very important clause to include in LKC operating agreements! You are brilliant🙏👍
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This is very helpful. I'm currently in the process of creating my LLCs, and your videos help. Honestly, I'd rather pay someone to set this up for me, lol. So much information to take in.
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Great teacher. Well Articulated. Love this guys teaching.
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I learn something every single time!!! Great content!!!💯💪🏿
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Wow, super valuable! Thank you so much Clint. Stick around for a few years, I'll be donating when I'm able to.
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Excellent video. This one made complete sense. thank you
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Atty, THANk YOU!! This is TOP LEVEL intel!!
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Great information. Thank you for giving an example and how to fill the holes of these examples. More of this type content would be amazing: Examples of holes and how to fill them (ie how to make sure everything is done right initially or updated properly, if something was missed.). Just curious if you know: if all ownership interests in LLC's and corporations, including s-corps, are protected from charging orders similar to your example whereby a member's interest, or the company itself, cannot be liquidated or made to take distributions, etc...to satisfy a debt acquired from outside the entity dealings.
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Another great video 👍👍
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Awesome content!!!
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great content, hope you’re getting a lot of business from your channel
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Thank you for being our protector! Who do we connect with to confirm that our Operating Agreement includes the correct clause?
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Here is a good question, concerning people starting a business. What amount of income determines if a sole proprietor should start thinking about changing to a SCorp or LLC etc. Some times I have heard people say you dont need an LLC unless you have a large amount of income or maybe own a house. Also ...For a contractor there is general liability Ins. and Bonding so how does that shelter someone vs. LLC formation...Thanks so much
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“SMH”! Following those popular steps of creating an LLC and then registering with the Secretary Of State with a “no good” Operating Agreement really can be bad. Luckily, a person MAY not need to change their EIN# if the LLC -name or -location changes (I could be wrong, but I read this somewhere on the IRS website).
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Thank you sir
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My New Favorite. might have to reset it up. a lot of us don't know and just set it up. Thank you so much.
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Hello Clint I just registered my LLC. I watched your video about the 8 mistakes made in the Operators agreement. Is it better that I just add these 8 items, if so where. Or just pay a lawyer or CPA? I really enjoy how you break down your information.
