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As a real estate investor you are accustom to seeing Deeds come and go during a transaction. Warranty Deeds and Quit Claim Deeds are often used to convey title from the person we are buying property from to ourselves (or our entities). In this lesson you will learn what the difference is between the deeds…
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There are lots of ways to hold the Beneficial Interest in a Land Trust (i.e. individually, through another entity or via the Trustee of another trust). This lesson will concentrate on using a Limited Liability Company (LLC) to hold the Beneficial Interest in a Land Trust and the many benefits of this strategy.
Read MoreLinkedIn isn’t a numbers game the way some people use Facebook and Twitter. You don’t want to randomly send out requests for people to connect with you to build up a meaningless network. Before sending out any message, put some thought into why connecting with a specific person will benefit both of you. Then include that logic in your invitation.
Read MoreThe Ease of Transferability – See Lesson 2 Below One of the many benefits to using Land Trusts to hold title to real estate is the ability to transfer the beneficial interest easily. Why is this important? Maybe you do not want the world to know that you have transferred ownership of a property. Maybe…
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Land Trusts are especially useful in Estate Planning. If you designate a “SUCCESSOR BENEFICIARY” the Land Trust will supersede probate (meaning the land trust does not require probate). If the beneficiary dies, control automatically moves to the SUCCESSOR BENEFICIARY. FYI – No matter why you choose to use land trusts, the best public answer is,…
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