Real estate investing can be very lucrative for the savvy investor. Any investor that’s making a decent return on their investment from real estate should be concerned with lawsuits and privacy. A great tool for landlords and real investors to use for privacy and protection is the Real Estate Privacy Trust, also known as a land trust. Below you’ll find a number of real estate trust benefits as you learn about this real estate investing tip.
A Real Estate Privacy Trust (REPT), is a revocable living trust used specifically for holding title to real estate. The trustee holds legal title to all trust property; however the named beneficiaries retain use of the property and any income it generates. Each property is titled in a separate trust, affording maximum privacy and protection.
There is generally no requirement to register the trust. Nor are there public records of officers, directors and shareholders. The trustee keeps control of the trust records and the identity of the beneficiaries in a secure location and will not reveal this information without a subpoena. No one knows about your beneficial ownership except you, your attorney and the trustee.
Here are the five major reasons why ever real estate investor and landlord needs a real estate privacy trust:
Privacy: Properties throughout the United States of America are held in an REPT to protect privacy and to shield the identity of the true owner. The Trust is private and is not open to inspection from outside parties and is not recorded or disclosed. This level of privacy offers numerous advantages including the ability to conduct business privately.
Ease of Transferability – The beneficiary (or “owner”) of a land trust may be changed without recording a change in the public records.
Avoids Probate – Probate is usually necessary regardless of whether or not one has a will. A Land Trust arrangement, however, allows you to designate succession of ownership exactly as you wish, thereby avoiding probate and costly, time-consuming proceedings relating to the property.
Facilitates Multiple Ownership – Where there are multiple owners of a parcel of real estate, a Land Trust can be structured to provide for clear and easy legal direction.
Retain Tax Advantage – You are still eligible for the homeowner’s and senior citizen’s real estate tax exemptions.
Want to learn more about how a real estate privacy trust can benefit your real estate investing business?
Register today for NCH’s free webinar: Keeping Your Affairs Private: Get your real estate investments out of your name! Learn how you can easily protect your real estate investments and your privacy with NCH’s FREE webinar. We’ll show you how to utilize Real Estate Privacy Trusts (REPT) to keep your business personal.
You may think that you don’t need a REPT to protect your investments, but think again. Real Estate Privacy Trusts can help protect you from liens, title claims and HOA claims. Not to mention, utilizing the privacy set forth in a REPT can discourage litigation, since your assets won’t be easily traceable. Register today for our free webinar, hosted by Cort Christie, Founder and President of Nevada Corporate Headquarters, Inc.
What: Free Webinar – Keeping Your Affairs Private: Get your real estate investments out of your name!
When: Thursday June 23, 2016
Time: 1pm PST
In this webinar, you’ll learn everything you need to know about Real Estate Privacy Trusts:
How a REPT can protect you and your investments
Short term and long term flexibilities of a REPT
Passive income structuring
And much more!
Bonus: Get a free digital copy of: “10 Reasons You Should Be Using A Real Estate Privacy Trust for Your Real Estate Investments.”