Hi Everyone;4 years ago, I created a self directed IRA through NAFEP (National Association of Financial Estate Planners) and AE&T (American Estate and Trust, acting as IRA custodian). I transferred both a traditio...
Ok investors....quick question. So I pulled a bunch of probate leads and found which had real estate in the estate and now I am getting ready to mail them. Do you just mail the property address of the real estate you'...
I currently own 6 properties through the BRRRR method in Atlanta, GA. I have read a lot of resources on asset protection that say a LLC is the best way to protect an asset, however I have ran into 2 issues 1) Due on s...
What's the best way to invest an inherited non-spousal IRA? The first RMD will put me into the next tax bracket, so I'm tempted to draw more out and put it towards a couple of multi-families with good cash flow.I also...
I want to know the good, bad and the ugly about land trust and why I haven't heard of to many people using them..
Using Land Trust "Just another strategy for investors"
Its uses are:
To control or purchase real estate
To protect confidentiality
To limit liability
To help with "DOS" clauses in some cases
Land trusts have been use...
If any CPA or someone that had similar experience could comment:The IRS understands the ownership of a property as the day of the death or the day of distribution?Question is pertaining to $250/$500k capital gain owne...
Hello BP!For those of you who hold property in a Land Trust, how exactly is income reported and subsequently taxed? If it is a rental property producing rental income, would the Trustee and Beneficiary receive K-1s? ...
Is there a way to find out who the beneficiaries are on a Trust. I am trying to track down some owner and keep running into this. Does anyone have any secrets they can share? Thanks in advance.
My Mother passed this year and had all her real estate (8 rental properties netting about $100k per year) in a revocable trust I'm the trustee of the trust now. It's my understanding that the trust has automatically ...