General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
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.
Most Popular Reply
Yes the trustee will be on public record.
How to stay annoynmous ?
Have a laywer or property managment company open an LLC for you and have their firm as the registered agent this keeps any personal names out of the records.
Then have the LLC be the trustee. Boom an LLC you control is the trustee and no names to the public other than a company that works for your best interests.
PM me for anything