In this episode of Uncontested Investing, we keep our tax and legal strategy series rolling with a topic every real estate investor needs to get right: how to structure your portfolio with LLCs, partnerships, and trusts. We break down how the right entity structure protects your personal assets, improves tax efficiency, and sets up clean estate and succession planning as you scale from one rental to a full portfolio.
We walk through when to form an LLC, how to use partnerships to access capital and expertise, and where revocable and irrevocable trusts fit into long-term legacy planning. Then we hit the big stuff investors often overlook—state law compliance, partnership agreements, tax implications, and keeping documentation current—plus some practical action steps you can take this week with your attorney and CPA.
If you’re serious about building a real estate investing business that actually protects you and your family, this one’s a must-listen.
Key Talking Points of the Episode
00:00 Introduction
01:51 What is an LLC?
02:40 LLCs, partners and ease of transferring ownership
03:33 When should you set up an LLC?
04:25 How LLCs limit liability between personal and business life
05:05 How partnerships relate to LLCs
06:00 General vs. Limited Partnerships in LLCs
07:52 Shared risk, shared responsibility and quality of life
08:31 Navigating partnership agreements: No handshake deals!
10:21 What is a trust?
11:48 Trusts for generational wealth and avoiding probate
12:33 Gift and estate tax advantages and divorce protection
14:53 Key considerations when choosing LLCs, partnerships or trusts
15:22 Compliance is key: Always consult professionals for your LLC
16:28 Common mistakes to avoid when setting up your LLC
17:33 Start with the end in mind
18:23 Action steps for investors in setting up LLCs
Quotables
“As a real estate investor, your portfolio can become your identity. So you need to take ownership of it and structure it exactly how you want.”
“There’s no such thing as too early. You can even set up an LLC before you start investing in real estate.”
“Partnership agreements are not a handshake deal…these agreements have to be in writing.”
Links
RCN Capital
https://www.rcncapital.com/podcast
https://www.instagram.com/rcn_capital
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