7 Super Powers of Land Trusts in Real Estate Asset Protection

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Land Trusts, or real property holding companies, are excellent tools for investors to use when purchasing investment properties. In this video, we will discuss the powers land trusts offer for real estate asset protection.

Due to their many advantages and offers to real estate investors, they are a popular choice when it comes to entity structuring.

We will begin with the basics of land trusts, such as the roles played by the trustee, guarantor, and beneficiary. These are but three of the many key variables to mind when utilizing land trusts.

"Any time you have a trust, you'll have these players (Trustee, Grantor, Beneficiary). There's always three of them."1:10

And as the title suggests, there are seven, count them, seven points we want to go over that emphasize the abilities that land trusts have.

Please enjoy our content that will take you through the powers that come with using a land trust. If you have any questions, be sure to leave them in the comments.

Until our next video, partake in our other content, which is full of information that is sure to help you further take advantage of the opportunities offered by various types of land trusts. Land trusts are a powerful tool that can be used in many situations, and can provide you with various benefits. With this knowledge comes great power; however, it is important to know what these benefits are before making any decisions regarding your land trust.

Fans of this type of content or the channel as a whole should consider liking, sharing, and subscribing to the channel.

Show Notes:
0:00 Intro
0:40 General Land Trust Info
3:46 Beneficiary Asset Protection
14:55 Land Trust & Public Record
16:10 Unlimited Land Trusts
17:01 Do On Sale Clauses
19:40 Customized Ownership
21:45 Beneficiary Switch Out
22:03 Personal Residence
28:07 Naming System
35:22 Outro
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#landtrust #assetprotection
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Last 2 sales, also under the Land Trust (random number) where my LLC from DE was the trustee, the Title companies gave me a hard time. Florida county, not bright people. I showed the the sample of a Trustee’s Deed from a past sale, they still had no idea how to do the closing docs. The kept putting my name personally as the Seller and I had to return the docs, 3 times! saying NO. The seller must be listed as the LLC as Trustee, exactly as in the deed. Yes I always record every deed.

-lm
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What are they tax implications of granting your house to a land trust, then renting that house yourself?

franks
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Your videos have all been amazing. I have not seen anything however concerning lump sump settlements from inheritance. I would like to know where to start after settling while primarily investing in stocks and bonds.
You have shown how to set up living trusts, land trusts, and LLC's which have been most helpful. We will be using brokerage companies like Schwab, etc. What is the step by step procedure and can your firm handle everything we need please.

macksims
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Great Information. I've been watching a lot of your videos, very informative. You mentioned land trust in any states other than FL doesn't provide asset protection. We live in FL, does it mean that FL land trust provide asset protection as well? Can you maybe explore more on the FL land trust a little bit more?

jamesjamie
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Love this I haven’t heard anyone talk about land trust like this since Ron Legrand

WTZReal
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Thank you for the useful information, 😅it's highly appreciated 😊‼️

virginalanzen-gicr
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Toby....I subscribe and often listen (and share) your videos. Thanks for the great, in-depth information you provide. I'm in Pennsylvania. When researching land trusts in my state it seems like the conversation pertains mostly about preservation of parks and trails, game lands, and other public spaces. Not necessarily rental properties that are held in LLC. Am I viewing the right information or are there other sources in Pennsylvania that I can look at to gain asset protection? Thanks, again.

johnhardy
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Can you create the trusts weeks/months in advance to have them ready to close on properties?

aroldovillarreal
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@7:00 - you mentioned "any real-estate" ... "your house" ... but this ( primary home you reside) is protected by "homestead exemption" laws in most states, including in lousy ones like California ! And in a recent ruling ( 2021 in CA) even the equity is now protected ( upto 600k). Pls correct me, if I'm wrong ...

ChrnRn-iuny
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What if you paid off your house. Would it be easier to generate a land trust?

mr.n.exclusive
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Always impressed with the knowledge you provided.
What is the difference between a land trust and a land patent?

mikeoconnor
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Great video as always, Toby. One question for clarification, though: Regarding the beneficiary of a Land Trust, if for instance, a real estate investor owns a portfolio of 100 apartment buildings, are you saying that the investor could simply use the very same LLC as the beneficiary for all the separate 100 apartment buildings Land Trusts? For instance, using 3 buildings as an example:

Building 1 is Titled "123 Main Street, dated January 1st 20xx, Trustee ABC LLC"....Beneficiary "XYZ LLC".
Building 2 is Titled "234 Main Street, dated March 2ns 20xx, Trustee ABC LLC"....Beneficiary "XYZ LLC"..
Building 3 is Titled "789 Main Street, dated September 14th 20xx, Trustee ABC LLC"....Beneficiary "XYZ LLC".

Having the same LLC named as the beneficiary in all of the Trusts for all 100 apartment buildings, still maintains the asset protections in lawsuits, so that if there is a lawsuit, ultimately only one of the buildings will be at risk, instead of all 100 buildings? Any insight on this will be appreciated. Thanks!!

fidelxl
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"Your awesome Toby thank you"

lizardnoses
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Great information. Really interesting.

robertdema
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Excellent explanation of how to use land trusts in real estate biz. Very valuable! Many thanks!!!

organizer
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I’m curious - if you buy a home from someone using owner financing, how often do those sellers question why the paperwork mentions the name of a land trust instead of the actual buyer’s name?

johanblume
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Just came across your video and have question(s). If a person (mortgage/owner) places two properties in a land trust and wants to take back ownership or sell properties outright could they do that? How would they? Could they just pay the mortgage off and take the deeds?

JWventures
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Toby, how did you fare during the self-inflicted pandemic, when landlords were prevented from collecting rents and were prevented from evicting deadbeats?

dc-wpoc
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Hey Toby, quick question. You mentioned that when putting bids on properties, while waiting on the state for LLC paperwork, you can get it in the name of the trust without it going through you first. How does that work exactly when the title of the property must list the name of a trustee that is holding title in their trustee capacity on behalf of the trust if such LLC has not yet been created. You must either take title of the property in your own name as trustee, or have the LLC ready to go and take it in the name of the LLC from what I am understanding.

AlanVaitzman
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Great content as always. Thank you so much for clarifying a lot of questions. One more in regards to the name of the trust. Leaving a trust by convenient way of using the address and the street how is the event offers on the property and that two investors are using the same strategy, and now we have two offers have the same. Another concern and question I have is around someone setting up the same name of a trust and using it to illegally sell your property since the trust name is the same. How can you protect a trust name from being used by another person

hisserver