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All Forum Posts by: Joe Black

Joe Black has started 6 posts and replied 9 times.

Hey I'm looking for someone that has used or knows how to combine a personal property trust with a land trust....

Also Trying to Form a LLC with a Trust and single member????

Need help ASAP

Post: combine a personal property trust with a land trust

Joe BlackPosted
  • Posts 11
  • Votes 0

Hey I'm looking for someone that has used or knows how to combine a personal property trust with a land trust....

Also Trying to Form a LLC with a Trust and single member????

Need help ASAP

Post: LLC and Land Trust question

Joe BlackPosted
  • Posts 11
  • Votes 0

Hello to all I have a question that I have been trying to find the answer to for about a month now. I know there is someone on this forum that can help.

Here is what I got, I'm setting my real estate investment business with two LLC's. So far I have one LLC set up which I'm using as a property management company. Now I'm trying to find out about setting up an LLC to be the Beneficiary of properties held in Land trusts. I have asked a few people this same question and get different answers from everyone. The question is about registering the second LLC, I'm not sure but I thought to form a LLC you had to register it with the state but now I'm hearing that if a LLC is just the Beneficiary of properties held in a Land trust it doesn't have to be register because the LLC is not doing business. If that is the case how is the LLC form if it is not registered and where would you get your Articles of Organization paper and everything from?

Can you shine any light on this?

Ok, I have a question. I'm setting my business using two LLC. Right now I have one LLC that will be used as the property management company and I'm looking to set up other LLC in another state to own and hold the propetry.

The question is do I set it up as a foreign LLC or just file to get a new Domestic LLC formed.

Hello,
everyone I'm trying to see if anyone in here has ever used (Gerald Romine) Real Estate Profit Pro(REPP) or his Ultimate Real Estate Investing System(UREI) softwares. Both of these programs sound like they could be very useful tools. Real Estate Profit Pro(REPP) is computer based and Ultimate Real Estate Investing System(UREI).

I'm trying to see if anyone else is using his software and if anything else was out there on the market like his software.

Thanks

Post: Land Trusts

Joe BlackPosted
  • Posts 11
  • Votes 0

Hey,
what's your email address

Post: Land Trusts

Joe BlackPosted
  • Posts 11
  • Votes 0

I'm really just trying to find out how to fill the Warranty Deed to Trustee out. That is the document that is record right.

I also understand that all state laws are different but you can still show me how to fill it out right???

Post: Land Trusts

Joe BlackPosted
  • Posts 11
  • Votes 0

Eric,
I plan to use the Land Trust for privacy and make the beneficiary my LLC for asset protection.

I have also looked on online at different county Register of Deed offices and can’t find a completed Warranty Deed to Trustee.

Post: Land Trusts

Joe BlackPosted
  • Posts 11
  • Votes 0

Hello,
I'm a new real estate investor and I’m trying to educate myself on Land Trust. I ordered a few books that explained Land Trusts & Land Trust Agreements but I can find any information on the Warranty Deed to Trustee. To my understanding that’s the document that needs to be recorded (correct). Most of the books really didn’t explain what to do if you already own the property that you would like to place in a Land Trust.

Here is my plan, I currently have a rental property already in my name that I would like to place into a Land Trust and have my LLC as the beneficiaries for asset protection. I will probably use a Lawyer being that this is my first dealing with Land Trust but I would still like to educate myself on the process.

Can someone help with the Warranty Deed to Trustee, and show me how to fill it out. Does any one have a completed example that I can see.