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Updated over 3 years ago on . Most recent reply

User Stats

56
Posts
3
Votes
Linda L.
  • Monterey Park, CA
3
Votes |
56
Posts

Land Trust without LLC

Linda L.
  • Monterey Park, CA
Posted

I just start looking for my first rental property. At this point, LLC might be costly, so I don't consider to use LLC as my land trust beneficiary.

For the privacy purpose, can the land trust apply for one tax ID number and collect the rent? Then the income just pass through to the individual beneficiary?

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