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Updated over 2 years ago on . Most recent reply

Gere W.'s profile image
Gere W.'s profile image
Gere W.
  • Investor
  • from Granville, OH
  • Member since Jan 19, 2020
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Gere W.'s profile image
Gere W.'s profile image
Gere W.
  • Investor
  • from Granville, OH
  • Member since Jan 19, 2020
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Gere W.
  • Investor
  • Granville, OH
12
Votes |
29
Posts
Buying & Selling Real Estate

How to Split Ownership of Property

Gere W.
  • Investor
  • Granville, OH
Posted

What are ways to split ownership of property? As in, the actual logistical steps. Who to talk to, what to bring, what to arrange, costs and fees, issues, timeline, etc. 

Types of ways to split property? LLC? S Corp? Trust? What are typical ways people use? Why that way?

How many ways are there to split property ownership?

Is there a limit to how many people can go in on a property? 2 vs 1000 differences?

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Olia Fogel's profile image
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Olia Fogel
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  • from New York
  • Member since Aug 19, 2022
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Olia Fogel's profile image
Olia Fogel's profile image
Olia Fogel
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  • from New York
  • Member since Aug 19, 2022
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Olia Fogel
  • Attorney
  • New York
77
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59
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Olia Fogel
  • Attorney
  • New York
Replied

I would recommend an LLC + Agent Trust. With this setup you would be able to split the ownership on the trust level while keeping the information on the trustees and beneficiaries (managers and members) anonymous.

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