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Updated over 10 years ago, 03/29/2014
Entity: Buying apartment building trust?
Edit: should say "Buying apartment building using a trust?"
(Sorry hit submit before I could edit the subject.)
Dear BP family:
We just had an LOI accepted on a 44-unit that is about 8 miles from our 188-unit. I am in charge of getting the purchase and sale contract put together.
1. My partner and I were wondering if using a Land Trust would be useful for for added security and anonymity?
2. Can we just use a standard Texas Land Trust like you would use on a single family residence?
Anyone have experience using trusts for anonymity for apartments?
Thanks in advance.
-SK-