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Results (630)
Jessie Huffey Pulling equity out of a shared inherited property
4 August 2015 | 7 replies
I'm not an attorney, and have limited knowledge, but it is my understanding that Lenders can do what you are requesting, but it will depend on whether it was set up as a Revocable or Irrevocable Trust and who the Trustee is now.  
Nate S. Why all the hate on wholesalers?
23 July 2020 | 34 replies
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.There is a case paying out in Collier County at this time.
Olivia C. Charitable Remainder Trusts - tax strategy opportunity
26 April 2015 | 1 reply
Charitable trusts require that that you give up legal control of your property, and charitable trusts are irrevocable -- once the trust becomes operational, you cannot change your mind and regain legal control of the trust property.How It WorksThe most common type of charitable trust is called a charitable remainder trust.
Robert Howell Is this note fraud?
26 April 2014 | 27 replies
A Revocable Trust won't offer protection against claims as Adam mentioned, an Irrevocable Trust can.
Samuel R. I have finally launched in South Florida!!
12 June 2017 | 14 replies
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.There is a case going on at this time filed in Collier County.
Nicole Daniel Can you wholesale a trust property
27 May 2018 | 1 reply
There are different types of trusts (i.e. revocable, irrevocable, etc) and different reasons for using them (i.e. estate planning, anonymity, etc). 
Jeff Mance Family Land Transfer, Short Term Rentals, and Asset Protection
22 November 2021 | 0 replies
My understanding is a properly written irrevocable trust might alleviate this issue, but I wonder if this would disqualify me for an investment loan. 
JASON CHOI Asset Protection for Novice Real Estate Investor
1 June 2019 | 9 replies
a lot of this depends on how much TRUE cash or equity your trying to protect.. if your just putting minimum down on turn key rentals.. there is not a lot of equity to protect and would be rare to the extreme anyone would pay to go the full monty getting a judgement against a house that by the time they foreclose and pay off our secured lenders and real estate fee's etc there is not much left.keep in mind 20% equity in the Average C class rental is really no equity.. nothing really to get.if your worried about cash for your daughters you can set up an irrevocable trust for them right now. 
Armando Vasquez Medicaid
31 July 2016 | 12 replies
i'm in Pennsylvania, We are considering selling my fiancée father home and putting the proceeds into an irrevocable trust to pay for funeral expenses.
Steve Hartkopf When and how should retired investor sell?
6 March 2019 | 14 replies
Basically, you 'donate' an asset (like rental property) to a charitable cause of your choice via an irrevocable trust.