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Updated over 4 years ago,

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5
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0
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Chris Stout
  • New to Real Estate
  • Central Valley, CA
0
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5
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Tax Deficient Properties & Trusts

Chris Stout
  • New to Real Estate
  • Central Valley, CA
Posted

Hello BP! I'm a newbie here, and for my first project, I got my hands on a tax deficient properties list from a nearby County and I noticed that "Tr" follows many names of properties. My assumption is that "Tr" means that property is owned by a Trust.  Am I right here, or off base?

If the property is owned by a Trust, is it worth reaching out to the Trust/Owner?  Are there differences is trying to make a deal with a trust as opposed to a regular owner?  Anything about Trusts to keep in mind generally?