Posted by colvegas on February 08, 2006 at 13:41:12:
Brett,
YOu would actully wish to setup the land trust and make the LLC a beneficiary in the trust thus giving you prudent asset protection for your property.
If you email me at colvegas07@hotmail.com I can assist you in what steps you need to take on this.
Ok, Im going to make this as short as possible. I own rental property now, bought subject to, and plan on buying alot more property subject to. My question is, should I put the properties in a LLC and a Land trust and what are some beginning steps for doing all of this?