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.
General Landlording & Rental Properties
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 almost 9 years ago on . Most recent reply

User Stats

57
Posts
10
Votes
Derrick S.
  • Soldotna / Kenai, AK
10
Votes |
57
Posts

One trust, or Many? To trust once or often

Derrick S.
  • Soldotna / Kenai, AK
Posted

We are flipping houses in Alaska now, but will be investing in rentals soon. Looking forward to that, I am interested in asset protection. The whole purpose of investing in rentals is secure income - I don't want someone suing my company and getting all my rentals. 

I know that a Land Trust is handy for this, and doesn't trigger the bank's call clause. But a trust can be broken up, and a lawyer might put in the effort if we have several million in property in there. So would it be better/ worth it to set up a trust for each long term property? Then the spoils of lawsuit are smaller, and only one property can be taken/ liened/ claimed on at once. 

Loading replies...