I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
As the title says I need help understanding umbrella insurance for my case. I have two properties 1st under my revocable family Trust and second which was my previous primary residence (Under Trust) now moved under an...
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....
Hello everyone. I'm interested in lending money out using a self directed RRSP or TFSA account (I'm Canadian). They are called Arms length mortgages in Canada. I was wondering if anyone has done this before and can of...
Hi everyone. I've read almost every possible thread here about Land Trusts and LLCs, but, yesterday I received a message from a Lawyer that I'm considering to hire to setup my Landtrusts and LLCs, but he replied sayin...
We are looking to set up all our assets into a Trust account including our current house hacking duplex. We are struggling to get lending because of our debt to income. Our lender suggested purchasing though a Trust. ...
I am in Oregon and am interested in a referral to a lawyer or planner that can help set up a Charitable Trust. If possible we would like to hold income-producing commercial real estate in this trust. Thanks for any h...
Good morning BP and GO DAWGS!
When purchasing an investment property, what you you say is the better advantage buying in a LLC or buying in a Trust?
I know when buying in a Trust you are able to avoid state and fe...
Which is better for real estate, revocable or irrevocable trust? I’m an investor in single family homes.
I am single now after divorce, 58 years old. I want to buy multiple rental properties. Should I title these properties in my new living trust? I want to be able to pass them on to my kids when I die. Not asking for le...