Can you put in a TRUST a property that you are giving for rent?

[Joseph Ortiz]

Hello!

We have few properties that we are considering putting in a TRUST.

We are not sure if we can collect a rent from houses that are in the TRUST.

If this is possible, do you know what is the best way to set it up?

Thanks!

[Aaron K.]

Of course you can collect rent from properties in a trust, I'm confused as to what your question is here. A trust is not like an LLC where you have to worry about piercing the corporate veil, it is more for estate planning and a wee bit of asset protection generally.