Join John Skabelund for the final installment of this series focusing on the top questions real estate investors have about LLC operating agreements and property ownership. In this episode, explore what an LLC operating agreement is, why not all are created equal, how your LLC impacts your taxes, and which entity protects you most.

John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.

SHOW NOTES:

00:00 - Intro.

01:05 - Operating Agreements: What are they?

02:48 - Not all operating agreements are created equal.

05:05 - Poison Pills in the LLC Operating Agreement.

07:04 - Single Member LLC vs. Multi-Member LLC.

10:21 - LLC & Taxes.

13:39 - Closing Statements.

Looking for more of John Skabelund?

Websites: https://skabelund.com/, https://ultimateassetprotection.com/

DISCLAIMER:

This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.