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10 July 2017 | 19 replies
It will insert "[img]" into your post.
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4 January 2011 | 36 replies
Randy Advantages of Using a Revocable Land Trust 1.Avoids property being probated (out of court transfer upon death of beneficiary) 2.Ease of Transferability 3.Judgments do not attach to the property 4.No Partition (avoids spouse’s “forced share†sale buyout upon divorce) 5.Easier management with multiple owners (multiple owners do not have to sign docs) 6.No costs upon transferring beneficiary 7.No registered agent needed 8.Legal and Equitable property interest in trustee’s name 9.Income and Expense conduit, not a business with tax consequences 10.No tax return to file (pass thru entity) 11.Trustee has no personal liability 12.No annual fees like other entities, if trustee is an individual or friend 13.Estate planning – successor beneficiaries 14.Less expense in grantor creating trust over entity 15.Avoids the due on sale clause 16.Privacy of ownership – Helps Avoid Identity Theft of your name 17.Keep sales price private 18.Able to fracture interests of multiple owners w/o being partners 19.Ease of linkage to other asset protection entities 20.Non-judicial repossessions of real estate sold on installment contract 21.1099 not required for transfers (personal property not subject to real estate regulations) 22.Ease of operating across state lines 23.Ability to insert poison pills 24.Lots of case law to support land trust law 25.Many attorneys do not study this section of the law – not profitable for them 26.No recordation of the Trust Agreement 27.To avoid “seasoning†problems (secondary market rules of ownership) 28.To save title insurance premiums (Trustee-insured-remains the same) 29.Good negotiating technique in the sale or purchase of property (Disney World used trusts to acquire land prior to construction to avoid price escalation) 30.To provide non-recourse financing 31.Lowering of real estate taxes (prevents re-assessment) 32.Avoids state regulations that apply to corporations and LLC’s As you can see, Land Trusts are a wonderful tool for you to hide your assets, avoid real estate tax increases, privatize your sales transactions, avoid probate and use for many other benefits.
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13 January 2018 | 40 replies
Choosing when and where to enforce your criteria is how you end up standing in front of some federal official answering why "You allowed this (insert non protected class) with a drug conviction to rent and not this (insert protected class) with a drug conviction to rent".
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8 August 2017 | 66 replies
Say a landlord puts, "Smoking in the unit is a loss of security deposit/or (insert arbitrary amount here)" in the lease or stipulate to ANY such fixed amounts in a lease.
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21 February 2015 | 15 replies
Rick,Middle is good ... a wonderful place to put an insert/mosaic.
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16 April 2014 | 7 replies
4)Does the % ownership of the property have to be equal to the capital insertion if there was going to be an additional owner on title?
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21 August 2015 | 390 replies
When people complain, "(insert program name here) doesn't work", is it because the program didn't work or because they didn't work the program?
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13 August 2016 | 1 reply
As with all leading property portals,the name of the game is "traffic" in order gain sales.They may give you exposure,but just like amazon product pages,you'll not differ from your competitors,if you just pay the insertion fee,sit back and wait.Your insertion is no more that a web page,as such,web pages require seo/smm in order to gain traffic /sales.
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19 November 2007 | 4 replies
warranties with our type of business tend to run 1-5 years, mines usually 5 but 2 if theres repairs like this.An insert.
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17 November 2016 | 13 replies
Pulling money out of our current home is not an option [insert sad face] because we own it due to my wife being the primary bread winner and, at least at this point, support for RE dreams is tenuous.So, I have two 401Ks that I'm thinking may be a possible source of funds.