I have a few questions on the new security deposit statues. http://www.moga.mo.gov/mostatutes/stathtml/5350000...It states that all security deposits must be "held in a trust established by the landlord and deposited ...
I have 3 inherited properties (2 multifamily, 1 vacant single family). These properties are in a trust in which I am the sole trustee. All properties have been family owned for decades and are paid off (approx. $1.5 m...
What type of tangible and intangible assets can be placed into a trust?
I know that the following can:
Bank accounts
personal and real property
P.S. Can Annuity funds be transfered into a trust?
Stephen M.R. Covey, highly sought after and successful speaker, author, and advisor on trust, leadership, and ethics, as well as son of Stephen Covey, 7 Habits of Highly Effective People, believes change and efficienc...
hey all. I need the wisdom of this ever so intelligent website to answer some questions for me. My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...
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...
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...
My Stepson's real father is a realtor for a company here in the same town and he has been trying his hardest to get me to buy a property off of him for months now. At first i told him if he brings me a good enough dea...
I am trying to figure out the best way to set up a limited partnership. I have a family member that wants to invest with me in a few houses. He would be using money collected in a 1031 exchange. I want to know how ...