EP 73: Taxes, Contracts, and Legality in Real Estate Investment and Asset Protection with Scott Royal Smith
The best way to help people is by giving them access to education. Scott Smith believes life is about financial freedom and coming to help people and build great stories.
Pens are up and learn with Scott Smith on how he will improve venues for people to grow in real estate and have access to free education for everyone. One thing that will lift your motivation is to realize the possibility of making great deals and enjoying life.
💥💥 Remember, this is your MBA. Have a notepad handy, and get ready to take some 📝 notes!
Key Points from This Episode:
What is the most durable and predictable way to have financial freedom?
Scott shares how he accidentally started Royal Legal Solutions.
Scott talks about the process of how he does the real estate deal.
What are the predictable best practices for real estate investors and business investors?
Scott shares how to enjoy life and get more deals all at the same time.
How to save on money taxes?
Scott talks about estate planning.
Scott explains the difference between running your active business and making deals on your estates.
How did Scott adapt to new technology?
Scott talks about the efficient and effective way to scale the asset.
Tweetables:
“Don't lose your day job until you can afford to do it.“ - Tejas Gosai
“Let's bring in as many smart people as we can because we learn a lot from other people as well, too. ” - Scott Smith
“The new technology is to equip everybody with all of the best information and then let everybody self-select when they're ready to take action.” - Scott Smith
“I think we're really the first company that's ever integrated tax legal estate planning and insurance, all inside of a one-stop shop” - Scott Smith
“My philosophy early on was saying that education should always be free and that should be our goal” - Scott Smith
Links Mentioned:
Royal Legal Solutions: We Help Real Estate Investors
About Scott Smith
Before founding Royal Legal Solutions, Scott Smith was an aggressive litigator battling major insurance companies. He knows first-hand the tactics that plaintiffs’ attorneys use to win lawsuits. He brings this knowledge to bear when setting up business structures to protect your assets.
They analyze your individual situation and put nuanced strategies into place that will not only protect your property to the greatest extent possible but also save you money in taxes and state fees. You don’t need to be a millionaire to benefit from the right system for acquiring property and protecting your assets. Their clients range from first-time investors to seasoned real estate investors with a broad portfolio of properties.
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