Eric Gabriel
$500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...
Michael Moikeha
Using Land Trusts for Rentals
PROTECTING ASSETS FROM OTHER ASSETS FAILURE(I meant to change the post topic but it won't allow me too)I've had a crazy awesome year, and I am looking to do a better job with protecting my assets. Last year I bought 9...
Rich Hupper
Sub 2 Deal in a Title Theory State.
Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...
Rajat Chopra
Trust Formation / Account
I have a few real estate properties that I rent out. I inherited these rental properties from my family. I am thinking to add more if possible in the future as well. Is it possible to create a Trust that will own the...
Matthew Bernal
Trusts, LLCs, and AirBnBs
Hey BP Fam! I hope that everyone's 2024 is off to an outstanding start!I was fortunate enough to get a property under contract at a great price from mentors of mine. They had suggested using a trust to hold the asset ...
James Sedano
Need advice on setting up a trust and funding with assets
Hi all, I'm not sure if this is the right place to ask questions about setting up a Trust. I'm looking to form a revocable trust to have all my assets in it, I understand that it does not protect me as an irrevocable ...
Justin Silverio
Not the typical LLC question
I've been looking through this forum a bit and noticed that there is some great information on LLC's and why to use them. Some topics have hit on my question but do not directly address it, hence, my post.
My wife a...
Karen Higgins
Property Management Trust Accounts
I have a question about property management trust accounts. My husband and I currently own and self manage 105 units in Minnesota. We are looking to expand our business this year and potentially start a property man...
Caleb Mclamb
What business structure do YOU use and why?
Hello BP, I am currently building a business model and researching types of organizational structures and their implications to real estate, the question is what business structure do you use and why? LLC, C-Corp, S-C...
Account Closed
Short Sales
Is anyone out there using the family trust to get short sales approved?