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Summary

Protect your assets from attack! LLCs and LPs offer benefits - and pitfalls. Learn how to do it right.

How to Use Limited Liability Companies and Limited Partnerships clearly explains the key asset protection strategies available to entrepreneurs and real estate investors using the right entities. This fourth edition of Garrett Sutton's best-selling book has been completely updated to reflect important changes affecting limited liability companies.

Asset protection is a dynamic area of the law, and this new edition sets forth the strongest and most useful tactics for protecting businesses, real estate, intellectual property, and paper assets. As well, the importance of following the formalities to avoid a sudden loss of protection is lucidly set forth for the listener's great benefit.

Listeners will learn how to:

  • Select the right entity for your specific use
  • Follow the rules to keep your assets protected
  • Easily manage and operate an LLC or an LP
  • Strategically use entities to hold real estate and other assets

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2017 Garrett Sutton (P)2017 Hachette Audio

Critic reviews

"This book can help you be rich. It is a must-read for those wanting to protect their wealth." (Robert Kiyosaki, author of the international best-seller Rich Dad Poor Dad)

What listeners say about How to Use Limited Liability Companies and Limited Partnerships

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Profile Image for Craig Shields
  • Craig Shields
  • 13-11-17

Excellent for first time business owners

This book is great and very well put together. I’ve wanted to start my own catering company and although I️ know many things about the food aspect of the job I️ had no idea where to start or what to do about the business aspects. This book thought me everything I️ needed to know to get started from day one through year one and what’s beyond that. I️ highly recommend this book if you have zero or little knowledge about how a business operates!! “AUDIBLE 20 REVIEW SWEEPSTAKES ENTRY”

6 people found this helpful

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  • Lori
  • 25-12-18

Well worth your time

Too often business books leave you lacking for how to implement the strategies. When you finish this book you’ll have a list of action ideas.

5 people found this helpful

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  • A. H. Sudbury
  • 30-01-18

Fantastic primer on the use of business entities

I recommend this book for lay persons and professionals alike who want to know how to use business entities for tax minimization, asset protection, and estate planning purposes.

5 people found this helpful

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  • Jane
  • 27-10-17

Very informative

Lots of detailed info with several example scenarios. Clear and easy to understand narration, too. I bought the paperback for future reference and for access to the charts and illustrations, although those might be available as a downloadable companion file, as well.

4 people found this helpful

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  • Anonymous User
  • 12-10-18

great book

very helpful guide if you are planning to start your own business. Thank you very much.

3 people found this helpful

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  • Anonymous User
  • 27-10-20

very informative.

All the info was useful to anyone starting a business. If you sat down woth your own lawyer to discuss this topic expect the conversation to take all day at his hourly rate. The cost of this book can save you thousands.

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  • Henry T.
  • 01-03-20

so much knowledge on such a short time

One of the best books I have found recording LLC's L p's explanations are easy to understand and logical. Lots of citations and background information on all of his examples.

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  • Zvansickle
  • 10-02-20

Great

Great book. Learned more from this book than any other business structuring one. Lots of information on all business types.

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  • K. McGlon
  • 11-01-20

loved the information

great to know so many perspectives on the llc, ultimately it comes down to a few stars and due diligence.

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  • Anonymous User
  • 14-08-19

in valuable info

complete with lots of examples and stories to relate to that makes a lot sense