@originaldohnthornton: If you build custom homes…
you already know the profits can get massive. Big contracts. Big draws.
Big upside. But also? Massive taxes…
and nonstop lawsuit exposure.
Construction defect claims.
Injury lawsuits. Contract disputes.
Subcontractor issues. One serious lawsuit can wipe out years of hard work fast. Most custom home builders operate through LLCs / Corporations…
but those entities are still fully taxable and still publicly visible. So while the business grows… the taxable income and liability exposure grow right along with it. But when the building operation flows through a contract law spendthrift trust… you get powerful lawsuit protection, far greater privacy, and no taxable events. Same custom homes. Completely different financial outcome (info purposes only; not a licensed tax, legal, or accounting professional) #taxsavingstips #taxdeductions #taxsavings #taxreduction #customhomesbuilder
