Yuriy Skripnichenko
S-corp as a Trust Beneficiary and tax implication
I have two questions that I cannot find definitive answer to. If you have similar structure or a professional and know how it works, please explain.I have a property in Trust. The trust’s beneficiary is an S-corp owne...
Andy Chu
Trustee not taking direction from Beneficiary of an NPN
I am getting a little frustrated when the trustee starts to randomly postpone the sale of properties without my knowledge (me meaning the beneficiary). I'm just going to start being my own trustee and posting and the ...
Peter V.
Want to use a Land Trust to wholesale an REO but...
I was reading up on Land Trusts recently (for wholesaling purposes) and decided I would give it a shot.
The process would be as follows:
Make offer as YOUR NAME "trustee of ABC Investment Trust"- exa...
Robert L.
Owner occupant loan and putting seller's property into a trust
What do you all think of this technique?An experienced investor tipped me off on a killer technique he used to buy a property and wanted to get feedback on this."He just did a personal loan to a person to catch her up...
Vidit S.
Transfer tax if I do it to a land trust with self as beneficiary
Hi, I have done extensive research on this but still not able to have clarity on this so hoping the PA forum might be able to help. Me and two other friends are getting a loan to buy a rental property that we intend...
Aaron Fanning
IRA money for property?
I'm in Texas, is it possible to use an inherited IRA (Bene SEP IRA) for purchase of investment property?
Will F.
Investing in So. Florida. What Entity to use? LLC, Land Trust?
Hi so I'm from California and investing in So. Florida. I was by default going to set up a Florida based LLC with my partner.This is a buy and hold, rental income property.How would you go about setting up an entity ...
Antonio Cordeiro
Landlording in a trust, I need help understanding this?
Hello all,I am new to BP, and I need helpI am worried about exposing the beneficiary of a trust to a tenant.To whom should the tenant make the check out to, the Trust or Beneficiary?When I open a bank account, does th...
Austin Montgomery
Can my Single Member LLC manage a unit owned in my personal name?
I have an LLC that owns three rental properties. I also have my personal residence that I am house hacking. I bought it with a VA loan, have lived in it 18 months, and am planning to move in a few months. I cannot mov...
Mark S.
Efficient House Transfer to Heirs in KY
Scenario: Remarriage later in life. Surviving spouse now owns house outright. Future 50/50 split desired to both sides of family upon surviving spouse's death. Current will states 50/50 split upon surviving spouse'...