Posted August 3, 2019 by James Billings
A quick educational video to help you understand What is a Realty Land Trust.
A trust specifically designed for holding ownership ‘title’ to real property. Although similar architecture to other types of personal trusts, several operational functions are unique to the realty land trust.
Our short video will explain in simple terms how it works.
Rather than LLCs which pay $800 franchise tax each year in California, use Realty Land Trusts. You might use a Business Trust for property management. Your living trust could be a beneficiary of either one or both.
Provided the grant deed is drafted correctly, the realty land trust gives you absolute anonymity. It can keep your equity safe from personal tax liens or judgments during ownership and at closing.