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Updated almost 8 years ago,
Land Trust
Hey guys! I have one property I manage myself and am getting ready to buy another. I heard or read some really good advice on here which was to tell your tenants you are a property manager and don't actually own the property. I've researched and found that it seems like Land Trusts are a good way to do this so the tenant can't find out you actually own the property. I've also heard you can close the property to a Land trust with Trustee of your choice and then after closing have them resign and you be the successor trustee but they stay on public record. Any idea if that is true? I'm trying not to involve the trustee as much as possible. Any help would be appreciated!
Regards,
Ryan.