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Updated over 2 years ago on . Most recent reply

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Serita Huff
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Land Trust used in place of your LLC

Serita Huff
Posted

Is it true that real estate investors can utilize, I believe a land trust instead of an LLC for a level of protection on their investments? If not a land trust then some other vehicle? Thank you

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59
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Olia Fogel
  • Attorney
  • New York
77
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59
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Olia Fogel
  • Attorney
  • New York
Replied

The main benefit of a land trust is that it provides property owner with anonymity. This is because with a land trust, the property’s owner is listed as the name of the trust itself, and your personal information is not associated with any public records related to ownership of your property. As the beneficiary, you retain full control of your property. You can manage it as you wish, rent it to others, or even sell it whenever you want. 

A land trust alone, however, does not provide limited liability, like an LLC would.

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