Rei Diamonds-real Estate Investment Podcast

Episode 220: Maximizing Asset Protection and Tax Savings with Scott Royal Smith

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Sinopsis

Episode 220: Maximizing Asset Protection and Tax Savings with Scott Royal SmithGuest: Scott Royal Smith is a real estate investor, attorney, and founder of Royal Legal Solutions. He shares his background in real estate and law, and how he scaled his wealth through strategic planning and asset protection. He believes in educating people and forming relationships to help them leverage their assets to build wealth.Big Idea: Scott Royal Smith shares his expertise on cost-effective legal structures for real estate investing and tax strategies for asset protection. He presents a practical system involving creating a series of LLCs and a Land Trust to hold assets, which provides effective asset protection and can help minimize maintenance costs. Scott's insights offer valuable perspectives on how to reduce risk, minimize costs, and ultimately build wealth in real estate investing.This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates a