Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 13 years ago on . Most recent reply

User Stats

45
Posts
4
Votes
Jason Hill
  • Chattanooga, TN
4
Votes |
45
Posts

Land Trust question - Georgia

Jason Hill
  • Chattanooga, TN
Posted

I'm inheriting some land, since I also do real estate investing I would rather be legally associated with as little personal assets as possible. This led me to land trusts where it is very hard to determine the owner of said property, and difficult to break that legal status but, that's in states that strongly support land trusts. However; what's the point of going through that trouble if it's easy to pierce the anonymity of that legal device in GA?

Most Popular Reply

User Stats

516
Posts
360
Votes
Bill Walston
  • Real Estate Investor
  • Northeast TN, TN
360
Votes |
516
Posts
Bill Walston
  • Real Estate Investor
  • Northeast TN, TN
Replied

Hi Jason - What do you mean that it is easy to "pierce the anonymity of that legal device in GA"? The trustee is usually a matter of public record, but the beneficiary can be known only to the trustee. Going even an additional layer, you could have an LLC as the beneficiary of the trust. Would this not work in GA?

Loading replies...