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Episode Info: Garrett Sutton has been practicing corporate law for more than 35 years assisting entrepreneurs and real estate investors in protecting their assets and maximizing financial goals through his companies, Corporate Direct and Sutton Law Center. He is a prolific author and one of Robert Kiyosaki’s Rich Dad Advisors. Garrett Sutton’s books are part of the “Rich Dad, Poor Dad” wealth-building book series and include the best sellers, “Start Your Own Corporation,” “Run Your Own Corporation,” and “Loopholes of Real Estate.” What you’ll learn about in this episode: Essentials that you need when you’re starting a business Why Garrett recommends getting your business setup as an LLC at the start instead of waiting Why you never want to hold real estate in a C corp The entity structure that Garrett uses with all of his clients What you need to do to protect your assets The importance of following corporate formalities on an annual basis How the living trust & LLC work together, but are not equal Why you should not use a land trust How people who invest in real estate use tax loopholes to benefit their bottom line Why you need to use the right attorney in the right circumstance Resources: REInvestorsummit.com/sutton REInvestorSummit.com/noteservicing REInvestorSummit.com/Grow REInvestorSummit.com/101 REInvestorSummit.com/100Read more »

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