Scott and his colleagues realized that there is a massive amount of bad information on the internet when it comes to asset protection. He set out to find and teach others a better way. Today Scott is here to tell us about setting up a series LLC to protect your assets, hide ownership, and not cause you a headache with your taxes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “People seem to think that insurance coverage is enough” - Scott Smith   Scott Smith Background: -Owner of Royal Legal Solutions, provides business, tax, and legal solutions exclusively for real estate investors -Spent 8-years deconstructing real estate investing, developed strategies to protect your assets from devastating lawsuits, maximize tax savings, and more -Prior to RLS he was an aggressive litigator who brought suit against major insurance companies -Say hi to him at https://royallegalsolutions.com -Based in Austin, Texas -Best Ever Book: Four Hour Work Week by Tim Ferris     Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.