How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...
I own a few long term rental properties. The titles are held by a sole proprietorship LLC for which I am a 100% owner. ( the LLC does not have a tax ID, i use my SSN)
My brother is investing with me now. He has pa...
Are there lenders willing to refinance properties in Irrevocable Living Trusts? Good full doc income and reserves. A paper borrowers.
Are Irrevocable trusts the best way to protect RE against lawsuits? If not, what are better methods? What are the turn around times and how much of the process can I do myself to save $$.
Hello All, While real estate had been always been on my mind, buying or investing sometimes felt like a good idea without a path of action or my life was too crazy busy. Nevertheless, my parents have a home and as my...
Hello all, As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed accounts bu...
Hello all, my wife and I are new here. We are looking forward to learning a lot here. First, a quick summary of our situation. We own two rental properties here in our home town. My wife's father has been managing our...
Just got off the phone with a client who is currently in negotiations with a non profit about buying 7 properties off them in Thousand Oaks, CA. He is saying that he is selling to a non profit and is not interested in...
I am looking to purchase a 10 unit apartment. Should I purchase it in an LLC or a Trust? I am a little confused as to which entity to place it in and how. Do I purchase it in the name of the LLC and then quit claim ...
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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