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Updated almost 10 years ago on . Most recent reply

User Stats

76
Posts
3
Votes
Ivan Burley
  • Flipper/Rehabber
  • Nashville, TN
3
Votes |
76
Posts

Trust?

Ivan Burley
  • Flipper/Rehabber
  • Nashville, TN
Posted

Hey guys I have a pretty complicated matter, at least for me at the moment . I recently closed on a duplex through FHA. Currently the home is in my name but I am a curious about a strategy that I saw some where in passing.

I hold my single family rental under my LLC. Isn't there a way that I can place the home in a trust and name the LLC as the trusts beneficiary? I may have some things mixed up but I thought it was something along those lines.

Please help if any one understands what I am trying to convey.  Thanks ahead of time. 

Most Popular Reply

User Stats

94
Posts
31
Votes
Al Mcbee
  • Investor
  • Council Grove, KS
31
Votes |
94
Posts
Al Mcbee
  • Investor
  • Council Grove, KS
Replied

@scottsmith explains what you are wanting to do very well.

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