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Updated about 6 years ago,
How to will your real estate and avoid taxes.
My friend came to me with a question?
He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible?
I wasn't exactly sure so I wanted to ask you all for some answers?
should he put his portfolio in into a trust? Then form an LLC holding company and place each property into it's own LLC for asset protection, under the holding LLC?
This way his Trust can be the member of his holding Wyoming LLC ?
Or is there more?
(Cost is no issue for formations)