Protect what you own from the IRS and lawyers.
This site is based on my experience with land trusts and other means of asset protection, especially in Florida. Finding the property is one thing, protecting it is the next most important thing and any investment program will include a asset protection strategy.
At this early stage, all these pages contain are a copy of the notes that I have taken while listening to various of the asset protection gurus that I have encountered in my time, especially here in Florida.
Over time we hope to build a comprehensive asset protection knowledge base on this web site.
Feel free to browse the links to the left and discover what you can about some of the real estate asset protection gurus and methodologies available.
If you are interested in how to obtain investment properties, you may want to see the new Private Money Partnering Real Estate Investment course that we have.
Homestead in Florida
Did you ever wonder why OJ Simpson left a critically acclaimed movie career in the Los Angeles area to live in Florida?
Yes, the civil judgments against him had a lot to do with it. Whereas homestead protection is very measly in California, it is almost absolute in Florida. A judgment lien recorded against a Florida homestead property cannot result in the foreclosure of the homestead.
As Tampa attorney, Shawn Yesner said in an article for the Tampa Bay Real Estate Investors Associaton titled Asset Protection Strategy For Your Homestead Real Property:
DO NOTHING!
Many of the standard asset protection techniques are unnecessary and may result in loss of the advantages of Homesteading such as the "Save Our Homes" Property Tax Cap.
