Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

26
Posts
12
Votes
David Shaw
12
Votes |
26
Posts

Platinum Trust Group for ZERO TAXES ever again??

David Shaw
Posted

I am constantly looking for ways to reduce my taxes on RE, both the passive cash flow and when selling. I came across Platinum Trust Group through a Live video they did for the AOA (Apartment Owners Association), in which they claim with their Copyrighted Trust you can avoid ALL TAXES and get ultimate Asset protection (better than any LLC or other Trusts supposedly). The idea is everything must remain in the Trust and you are deferring Taxes basically indefinitely, meaning to a time when the Trust is no longer, so multiple generations down the road. Only down side is that the Trust has to pay for everything otherwise it is a distribution.

Has anyone used them before? They seem legit, but want to make sure, wondering why everyone doesn't do this??

Here is the video explaining it and their site:

https://platinumtrustgroup.com...

Most Popular Reply

User Stats

382
Posts
272
Votes
Bob Norton
  • Accountant
  • Slidell, LA
272
Votes |
382
Posts
Bob Norton
  • Accountant
  • Slidell, LA
Replied

@David Shaw Sounds fishy to me.

  • Bob Norton
  • Loading replies...