Newbie with a unique financial situation

[Troy Baack]

I am new to real estate investing and have a unique situation in that I inherited a significant amount of money which is currently in a personal trust. I am trying to figure out if utilizing the trust as the funding account is advised or if I should be withdrawing the money from the account in order to make the purchase in my own name, or potentially and LLC. I understand that pulling the money out of the trust increases my personal tax liability as it is counted as income and I have about $60k that must be withdrawn regardless. I am hoping to purchase my first property by the end of the year.

[Mason Weiss]

Hey Troy, I would speak with an investment lender as they will be a solid source of advice and expertise. I would recommend reaching out to @Grant Schroeder who can help you navigate this situation.