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Updated 11 months ago,
Land trust not available in CA?
I have contacted a real estate laywer (who seems to have a lot of experience) to talk about the business structure needed to setup in real estate investment. He only talked about LLC. When I asked about land trust for anonymity, he told me that CA does not have Land trust like other state.
All this is the opposite of all the books and reading I was doing. Are land trust available in CA, what are their purposed? if a land trust is setup up for a out of state is it recognized in CA (where I live). Does anyone have any ideas to what he was referring to?
Thanks FOR ANY HELP.