Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

89
Posts
28
Votes
Andy H.
  • Investor
  • Stockdale , TX
28
Votes |
89
Posts

Naming land trust same as property address: good or bad?

Andy H.
  • Investor
  • Stockdale , TX
Posted

When creating a land trust to hold a piece of property for anonymity reasons (or to transfer a property out of your personal name and into an LLC, which is the beneficiary of the trust), a common practice seems to be to name the land trust after the property address, ex. "123 Main Trust".

Is this a good practice? Are there any drawbacks to using this naming convention? I seem to remember hearing at least one attorney say this was not a good idea, but I'm not sure what the reasoning was. 

Loading replies...