JS 122: Loopholes of Real Estate with Garrett Sutton, Rich Dad AdvisorAugust 23rd, 2019 by Adam S | Comments Off on JS 122: Loopholes of Real Estate with Garrett Sutton, Rich Dad Advisor
Jason Hartman talks with Garrett Sutton, Rich Dad Advisor and author of Loopholes of Real Estate, about some recent Supreme Court decisions that will impact your life in a positive way. No matter what you think about the political division in the court, there are some things on which everyone can agree, and that’s the case with these two cases. They also discuss the pros and cons of Series LLCs and the Economic Berlin Wall Jason’s been lamenting for years.
[1:59] The Supreme Court unanimously cracked down on excessive civil forfeiture,
[5:48] Why you should actually CARE about the civil forfeiture decision
[8:41] Another unanimous Supreme Court decision that protects trusts
[14:07] California is trying to create an Economic Berlin Wall to avoid a brain drain
[18:20] There’s a new development for Series LLCs
[22:47] There’s not a lot of case law for Series LLCs, which can make it a sketchy area