James McGovern
Has anyone figured out a cheaper alternative to Cash for Keys
9 September 2024 | 23 replies
Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on the date this agreement is signed by Seller, on the date of Close of Escrow, on ________________, 20______ or no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.
Account Closed
Person taking advantage of a little old lady who barely lives on rental income
27 August 2024 | 5 replies
She now lives in a memory care facility, and her properties are part of an irrevocable trust.
Lara Stuart
Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
28 August 2024 | 9 replies
My father passed and his trust became irrevocable.
Carlo D.
Can't open a bank account for my newly formed LLC
26 August 2024 | 1 reply
I don't think opening a bank account will be an issue, you can likely open a trust banking account depending on the trust structure (revocable vs. irrevocable).
Ron Brady
Capital gains tax on LLC-owned inherited properties?
22 August 2024 | 8 replies
Family members were in an irrevocable trust and changed to an LLC partnership after the mother passed.
Kevin S.
LLC or Trust to hold investment property?
13 August 2024 | 16 replies
There are a number of reasons folks want an IRrevocable trust but if you plan financing and vesting directly to the trust, revocable is the path of least resistance.
Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies
I'm familiar with insuring properties which have a trust tied to them (land trust, irrevocable trust, revocable trust, etc.).
Jeff Stevenson
Question about LLCs for residential mortgages
2 August 2024 | 5 replies
Otherwise, trusts can be useful but for the uber wealth when they setup the irrevocable trusts.Poke aruond BP.
Shawn Faris
Tenant Eviction. Left early/late rent
3 August 2024 | 14 replies
If Tenant abandons the Premises or vacates the Premises upon the expiration or termination of this Lease while leaving personal property within the Premises, Tenant specifically and irrevocably waives all title and interest Tenant has to such property and grants to Agent full authority to immediately dispose of same without notice, court order ,or accountability.
Jasmine C.
Nevada llc with land trust
4 July 2024 | 14 replies
Asset protection trusts seem to be irrevocable and some people say they need to be off-shore.