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Updated over 1 year ago,

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6
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Arthur Nogueira
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6
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LLC + Land Trust

Arthur Nogueira
Posted

ISO Lawyer that is familiar with the process of opening a LLC + Land Trust for me and my partners. I've been doing a little bit of research to become familiar on setting up LLCs for investment properties and came across some opinions that is specific to FL, where STR properties may be transferred to a Land Trust (LT) that's tied to an LLC (Wyoming or select states if we as Owners choose to be anonymous). This potential structure supposedly may avoid transfer taxes or triggering due clauses. I may have misinterpreted the information those other online attorneys were giving, so we'd much rather consult directly with a lawyer to help us best structure our business and partnership. It's me my wife and my partner and his wife are all named on the Deed at closing which has been recorded, but to get the best mortgage rate, only my partner and his wife are on the mortgage; me and my wife contributed to 50% share of deposit/closing and was all in writing as part of the underwriting process.

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