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Updated over 6 years ago on . Most recent reply presented by

Brian Dickerson's profile image
Brian Dickerson's profile image
Brian Dickerson
  • Rental Property Investor
  • from Delray Beach, FL
  • Member since Nov 7, 2017
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Brian Dickerson's profile image
Brian Dickerson's profile image
Brian Dickerson
  • Rental Property Investor
  • from Delray Beach, FL
  • Member since Nov 7, 2017
Connect
Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
44
Votes |
97
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Tax, SDIRAs & Cost Segregation

Holding a property in a trust

Brian Dickerson
  • Rental Property Investor
  • Delray Beach, FL
Posted

Hi guys,

We are looking to acquire some properties in NY using a conventional mortgage.  After closing I want to quit claim the property to a trust.  I know NY isn't a state that officially recognizes land trusts, but Florida is.  Can I use a FL land trust to hold the NY based properties?  IF not, what is the best way you'd recommend to create some asset protection here?

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