My dad and his two brothers own a 2 family rental property in Rego Park Queens, (it is legally only in my uncle's name). They all now want to transfer ownership of this home to me and my cousins (there are 5 of us). ...

Hey BP people!
Trust question for yous. I'm getting ready to write up my first trust. I've taken a course to understand them and ready to put pen to paper.

The teacher of the Trust course is very reputable but I'm ...

Hi everyone,My wife's father passed away in 2000.  His 90 acre farm was put into a trust with his current wife as the trustee.  At the time of her death, the trust would transfer to my wife and her sister.  Due to fam...

I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...

Hi all,I went to have a living trust drafted for my personal home and vehicles and asked the attorney if I should add the living trust as beneficiary of the holding company that owns all my rentals (holding company is...

In Texas, if a house is owned by a trust and the trustee does a affidavit of resignation & appointment of new trustee what needs to be done to make this document binding? Does it need to be filed with the county? ...

Hello BP Nation - I have a question about the use of a living trust from the perspective of a buy & hold investor. I am looking into setting up a living trust with an attached pour-over will for the purpose of...

Hi all!Looking for pros and cons as well as any additional foresight for the following scenario:We are looking into buying property and building a new construction.  While the bank has no issue loaning me more money t...

I will try to keep this concise - I own a duplex in North Carolina outright that is currently in an LLC and got married about a year ago. My husband has been having legal issues due to a vindictive ex, and may need to...

Hey what are you doing outside of an LLC for asset protection in regards to rental property? I have heard of these "bullet proof" irrevocable trust but I haven't met anyone personally that has had one set up for them....