Ask Ron – Tina K.

Tina K. asks Ron about land trusts.

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6 Responses to Ask Ron – Tina K.

  1. John Rogers says:

    Thanks. Again, take title in an LLC for ease of finding attorney and others who understand.

  2. Staci Ross says:

    Land trusts = Grantor revocable trusts

    From an asset protection standpoint, LLCs are good, but land trusts are excellent.

  3. James Baxendale says:

    Land Trusts are used to provide privacy as the buyer. Your LLC is usually the beneficiary and that LLC provides the asset protection.

  4. Matthew Hell says:

    I remember when I first started, I had no clue what a land contract was.

    Learning from the forums and “Ask Ron’s” I learned real fast what they where and when to use them.

    This is a great place for anyone to start especially the newer person in this industry.

  5. Elaine Yuan says:

    Thanks so much Ron great advice for the Land Trust. I got ideas how to pursuit now

  6. Matt Prchal says:

    Something I found is that you need to refer to a land trust as a “revocable trust”, that is the only way they recognize and understand what you’re talking about.

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