Mary Jay
Trusts-please help me understand them
Can you please help me figure out trusts?
1) Trustee is the person who owns an assets and deeds this asset to the trust. Correct? So for simplicity, lets say there is a single family house that is paid off and it pro...
Tony H.
Seller Financing beneficial interest in Florida land trust
Hello all!After an hour or so checking the forums, I was unable to find a clear answer, so I thought it best to just ask.I'm looking at a multi-family property currently held by a Florida land trust. There is no mortg...
Chris Drury
Help moving purchase to LLC via land trust,ect.
My business partner and I have purchased an investment home that recently went to closing. We did not title it in the name of our LLC due to complications with financing, so it's titled in my name with converntion...
Account Closed
Need Help With A Subject To in Iowa
Working on a sub to deal in Iowa, and I just need some help in regards to what paperwork I need to close this thing and not have the bank call it due on me. Anyone thats done this kind of transaction in Iowa, any hel...
Allison Hunter
Cash Out Refinance - Deductible Interest Question
Hello!I have an odd ball question about the deductibility of interest on a cash out refinancing.My family inherited some investment real estate and unfortunately one of the parcels is owned by a pension/benefit plan....
N/A N/A
Very basic question....property inforation
OK, This I'm sure is a very basic question....hopefully not to basic. I have found this property, and I am trying to do the very first basic reasearch on it. Like who owns it, and who is paying taxes on it. This is th...
Shriraj Shah
Should I be buying Rental Property under my Living Trust?
I'm wondering if I should be buying the investment properties under my Living Trust in order to avoid probate issues in future OR rather my own name. I'm not considering an LLC at the moment. Does anyone have a reco...
Anthony Kondor
Who owns a land trust?
How can I find an owner of the a trust , for example chicago title land trust??There is a vacant property which has been vacant for a few years and an eye sore to the community. I looked up the rcord of the property a...
Jose C.
Confuse about liability in a Land Trust LLC structure
Hello, I am planning to buy a property. I read that I should create a land trust where an LLC will be the beneficiary. My name will not be in the trust,but then I will be the trustee(so my name is not recorded in th...
Robert Li
Revocable Trust issue
I need help with a revocable trust. I am the beneficiary of a trust and not able to control any of the assets within. The trustees are all out of the country or across the country. I can't afford move away to get a ne...