Land Trusts for Privacy & Profit
Illinois-type land trusts have been used for over 100 years to give real estate owners privacy, probate avoidance, lower taxes and over 25 other benefits. This book explains how real estate investors... This description may be from another edition of this product.
Format:Paperback
Language:English
ISBN:1888699019
ISBN13:9781888699012
Release Date:June 2002
Publisher:Galt Press
Length:226 Pages
Weight:1.25 lbs.
Dimensions:11.0" x 8.5" x 0.8"
Related Subjects
Business Business & Finance Business & Investing Contracts Investments Law Real Estate TextbooksCustomer Reviews
3 ratings
The Best Land Trust Book Out There
Published by Thriftbooks.com User , 15 years ago
As a moonlighting property investor who makes use of land trust often when trying to flipping wholesale deals or partnering/equity share on long term holds, this is definitely the book you want to have on your shelf. Over the years I have purchased many different packages to cover this topic and I wish I would of have found this one first. Does a land trust need it's own tax ID? Does the trust need to be record? Who can be a trustee? I'm an engineer by trade and if you're like me you really need to know the ins and outs of something before you apply it. You do not need to spend hundreds or thousands of dollars on some "guru's" seminar course, this book has all the answers. What I liked best is that the book provides template after template to cover different types of agreements you may need to set up for your trust. I only wish that I didn't have to retype or purchase the CD with all the trust templates separately. I guess it's not a big deal when you compare to the hundreds or thousands those other packages cost.
Great resource, but beware if you live in Pennsylvania
Published by Thriftbooks.com User , 16 years ago
I highly recommend this book to anyone wanting to learn more about the use of Land Trusts in real estate investing. It is a great tool if you live in the right state. My only warning to people is that if you are investing in Pennsylvania, you don't want to deal in Land Trusts. Consult a local real estate attorney and understand that in PA an attempt to use a land trust will be viewed by the courts as a Business Trust, and any attempt to avoid paying transfer taxes through a transfer of beneficial interest will get you into serious trouble. Marc R. Kossmann Chief Executive Manager Blue Fire Properties, LLC www.BlueFireProperties.com
Land Trusts
Published by Thriftbooks.com User , 16 years ago
This is an excellant text for any level. If you would like to create a trust or learn how to use them this is the book. Dr. S
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