Posted by Michael Morrongiello on January 24, 2010 at 22:27:21:
As David Butler alludes to in a prior post, learning about revocable grantor trusts, land trusts, personal property trusts, the equity holding trust, etc. can allow you much flexibility in the way you conduct your business affairs.
We have a wonderful information filled full day workshop class coming Sat. February 20th 2010 at the South San Francisco Airport Conference Center that will feature long time investor, educator, and co-author or Land Trusts in Florida; Jack Shea and also Michael Morrongiello.
A Practical understanding and myriad number of ways you can use the Land Trust including the specific nuts & bolts of how to safely acquire properties subject to existing financing using the Land Trust.
For more information about the upcoming workshop go to:
http://bawb.info/workshop/
A few of the uses and benefits of land trusts:
Avoid Deficiency Judgments
Protect from Foreclosure Judgments
Use a Trust Director
Limit Liability
Avoid Probate
Keep Your Ownership Private
Buy Foreclosures
Avoid Gift Taxes
Keep Tax Assessments Low
Avoid Brokerage Laws
Safer Lease-Options
Get Around Due On Sale"? Clause
Use Land Trusts for Simple"? Partnerships
A First Line of Defense for Asset Protection
Use a Land Trust to Return a House to a Lender
For more information about the upcoming workshop go to:
http://bawb.info/workshop/