This thread seem to never die out, so figured I could post a year later...I have been trying to find a legit trust/custodian co. to invest IRA funds in RE partnership.

You can have legit contengent liabilities, liabilities that may become effective at a later date, employee wages for example.

Everything is legit and above board.

Bill, Title companies generally ask for more documentation to ensure that the land trust is legit, including a trust certification, but the title company should not have forced the distribution to the original trustor or other party.

Also, about the bubble....times like this ferret out the amatuers and the dangerous players that give legit builders and developers headaches.

@Dawnyhell MosleyThe bank won’t care because you have a legit reason for moving residences.

I couldn't understand why scam when you would make the same amount as legit companies. 

Does that sound right and legit to do? 

@Linda Weygant can probably provide more insight here.The OP has already indicated that she doesn't have kids, but yes - this is one of my favorite totally legit, 100% audit proof techniques for reducing your taxes and getting some retirement funds set up for your kids as well.For 2015, you could pay your children who are able to work a salary of up to $11,700.  

I do rehabs and my properties are very nice and priced right and I factor in 3 months and 6% to sell them, not to mention the few K in concessions I seem to always have to give...Now if you get something at 30% less repairs or a nice house that'll fit the 2% rule the wholesale option is pretty legit.