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Curious as to how inheritance tax works if I inherited multiple properties held in a trust. How is the tax calculated? Where can I read up on inheritance taxes and how real estate is handled within a living trust?
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I have purchased a home in Indiana for my son to live in while attending college. Should I pursue putting the house in his name to get the homestead tax rate? What are the implications?
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Hello, I live in Texas, but am looking at purchasing a property in Oklahoma. This deal will be purchased 'subject to' the existing financing. Can anyone fill me in on any differences in using a Land Trust to to hold...
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I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...
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Let me start off by saying that I am not seeking legal advice here on a public forum. I am however hoping to initiate a legal debate and invite all legal professionals, and those who focus on or have experience with C...
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I (a trust) owns an LLC that owns a home (480k value) free & clear in WA state. It's technically an investment home as my dad lives in it and pays the LLC rent. Idea is to use some equity in the house to make a fe...
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So, Will Barnard suggests using a trust for wholesale transactions in the BP summit audio. He mentioned that he would be the trustee and the end buyer would be the beneficiary. This is the only place I have heard of...
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I'm currently considering taking action on recruiting as many private money partners as humanely possible for my RE deals and have thought up taking this route: executing Calling up a couple local financial advisors ...
My first experience on the courthouse steps was a bust. No one was there. I asked the county clerk what the deal was and she said they were held between 11-4 at the whim of the lawyer selling the property, other th...
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Question to anyone with advice or past experiences. So, I have a single member LLC established. I also have a friend who is planning on partnering with me in future fix and flip deals. My question is if it would be be...