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Buying Bargain Houses

By Lee R. Phillips
This is a warning.  The banks have put together bundles of 200 – 500 houses and sold them for pennies on the dollar to investors.  The investors have turned into seminar promoters, built fancy websites, and hit everybody with a names list to resell the houses.  I have a number of my [...]

Multiple Asset Protection Layers Often Don’t Work

By Lee R. Phillips

The hot shot speakers and the hot shot lawyers go through elaborate plans where one trust owns the corporation or LLC and then that company owns another trust. One of the favorite structures is for a corporation to be the general partner of a limited partnership, thus making it so you’re [...]