Veil Piercing: When a court ignores an entity and seizes personal assets. This can be prevented by a properly-structured LLC that has all the necessary formalities and documents (using “The LLC Master Machine”)
Al Aiello – Equity Stripping Excel
Equity Stripping Excel
Real Estate Investors: BEWARE of These Two Lethal Destroyers of Your Assets – Veil Piercing and Even Worse…Reverse Veil Piercing!
Veil Piercing: When a court ignores an entity and seizes personal assets. This can be prevented by a properly-structured LLC that has all the necessary formalities and documents (using “The LLC Master Machine”)
Reverse Veil Piercing – Claimants attach assets (equity), to satisfy a judgement against an individual member. RVP is being used by many lawyers instead of regular veilpiercing. It can be simpler and, where there is substantial equity in real estate, it could prove more profitable for the claimant, who could end up with your prime realty. This results in higher legal fees, which is more profitable for the attorney. The attorney may charge higher fees if they are certain to win the case.
Consequently, both the claimant and attorney are going to be much more tenacious, vigorous and ever persistent with the legal action…like hungry lions dashing after you when they are let out of their cage.
This is dangerous! This can be a lethal weapon that could kill your unprotected equity.
Thomas Vareya, my student from New York, told this to me. “The real estate investor who was sued by the parents of their son a student who was a tenant of one of the investor’s properties. The student (tenant) locked himself out, scaled to the top of the house to get in, but fell and became permanently paralyzed. Their lawyer realized the investor had substantial equity so the lawyer sued using reverse veil piercing and won, wiping out the investor completely.” Below, you can see the solution that would’ve prevented this disaster. Fred N was from Baltimore. He was not yet a celebrity. Al’s student, he hired a contractor to install a sump pump. We will never know the exact cause of the contractor’s tragic fall, which caused him to hit his head on cement. Fred received HIT with a tremendous time despite being very careful and not being negligent.-RVP lawsuit. He only had to pay $10,000 for the dirt dust to settle. This is still a significant amount. He was the first to return to the table to retrieve my systems. I knew it could happen again. I’m not selling fear; I’m simply letting you know the truth about most sue-Happy society!
You can see the solution below that would have avoided this disaster.
Do you really want this to happen?
These incidents are increasing in number all the time.
And even if the claimant is not successful in winning the lawsuit, you still LOSE…forking out expensive legal fees* to defend the action, plus the time, stress and sleepless nights. (*Only skilled attorneys are capable of defending reverse veil piercing and they will not be cheap.)
You can avoid all this by having a very effective strategy to stop RVP lawsuits ever happening (Lawsuit Prevention – The nucleus for asset protection).
A PROPERLY STRUCTURED LLC DOES NOT PROVIDE THE SOLUTION You don’t even need a land trust!!
Although a properly-structured LLC will protect your personal assets, (veilpiercing), it won’t protect equity within the LLC entity. It also doesn’t prevent reverse veilpiercing. This is a violation of law. It is also not possible for a land trust to do this.
The only solution to stop reverse veil-piercing, protect your equity and prevent lawsuits is the low-cost equity stripping Al Aiello’s system:
Aiello’s system…
Equity Stripping Excel
This will allow you to only use two LLCs to protect your equity in any number of properties.
This proven strategy for preventing lawsuits can save you thousands of dollars and reduce stress!
Al Aiello, CPA. MS Taxation. William Noll. CPAAttorney.
Equity Stripping Excel (or “ESE”) is a superior lawsuit prevention technique to prevent reverse veil piercing by using another second LLC (“lender LLC”() To place liens on your properties “real estate LLC” So there is no equity or target for claimants. Money.-hungry lawyers, other demons…along with total legal and tax compliance.
It is costly to use an LLC for all properties. Multiple LLCs will not completely eliminate equity. They only reduce it. They do not stop reverse veil piercing.
As an example, let’s say you have $300,000.00 equity in 6 properties. That is $50,000 equity per property in six different LLCs. However, you would still have $50,000 equity within each LLC. This will continue to grow over time. (Even $10,000 equity is a great target, and $ 50,000 is even better!) Equity Completely stripping equity removes it, as well as future appreciation.
You can also save thousands It’s 2 LLCs vs. 6 LLCs.
That’s 4 less state filings; 4 less accounting records; 4 less bank accounts; 4 less tax returns, 4 less annual state reports; 4 less files; 4 less… whatever! This will save you literally $1,000s in legal fees. You also save valuable time.
Equity For warding off claimants with their money and for deterring them, stripping is the best way to do it.-lust lawyers, so a legal action never/ever begins… in the first place!
“The mere existence of the controlled lender’s lien will deter all but the most determined judgment creditor from attempting a forced sale, because there is likely to be no value for the creditor to realize.”
Christopher Riser, Foremost Property Protection Trial Attorney
Equity Stripping Excel – The Only Method to This Powerful Wealth-Protection Gem. You won’t find it anywhere else.
Get everything you need with this downloadable ebook.-system:
Instruction manual: Simple-To-Follow the steps-By-For all types of personal investment properties, step-by-step instructions and illustrations-Use assets.
Audio discussion: The audio version includes tracking and references to the instruction book.
CD-Rom forms disk: With all forms.
How Equity Stripping It can be done even without borrowing cash.-Of-Credit (similar to a HELOC) is recorded by the lender LLC in public records. This allows claimants and their lawyers to see the whole credit obligation and then retreat. ESE can be done with no cash to prevent RVP. We will show you how to do it.-By-step.
ESE and owning properties across different states: It is possible to do it with two LLCs.
Built-In safeguards to avoid lawsuits against the real-estate LLC and lender LLC
You will save money if you have more than 2 LLCs
Why Wyoming is better at LLCs than Nevada
Step by step case study-Follow these steps with the completed forms. Al’s students Jason and June saved over $12,000 in legal fees in just the first year.
Proper Tax Reporting of the ESE loan for both LLC’s: NO costly tax or IRS audit traps!
More!
“Al, your equity stripping course is a life saver! It is so much simpler than using all those entities that so called “asset protection experts” teach. It’s also much cheaper! Thank you for putting together such a great system.”
Muriel Thome, Winter Park, FL. [email protected]
Help Line ESE/Asset Protection Email
Email access Al His legal team and his customer service team to provide reliable customer support and answer any questions about equity stripping. They will also guide you through the process.
“As a beginning real estate investor, it was scary when I heard all about the liabilities associated with real estate. But using Al Aiello’s equity stripping course has given me great confidence not to worry about being sued, but to go out and make profitable deals!”
Natasha Pizzarello, AOG Environmental, LLC, Normandy Beach, NJ [email protected]
Anytime you accumulate equity…
It can be built up, saved, protected, moved, and kept.
The ingenious approach is the best way to achieve this feat Equity Stripping Excel!
This is the revised version of the downloadable
Equity Stripping Excel Premiere Asset
Protection System
PS: Remember, Equity Stripping Excel This is the only way to protect your property equity, and completely prevent any potential disasters from reverse-veil piercing. It is your duty to protect your family.
Sale Page: http://archive.is/mOS3R
Here’s What You Will Get In Al Aiello – Equity Stripping Excel
Course Features
- Lectures 1
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 43
- Assessments Yes