The anonymity of a land trust

The anonymity of a land trust   When people are getting started in real estate investing, they often assume they need to form an entity like an LLC or an S Corp first thing. The two main reasons for this are to protect their assets from lawsuit and to take advantage of certain tax breaks.   In my opinion, due to formation and maintenance costs, neither of these entities are…

A big fat jacket

A big fat jacket   Last week, we made an analogy between how you protected yourself from the elements as a kid when you played in the snow and how you should use that same logic to protect your assets. Both should be done in layers.   We talked about layers commonly used to protect financial assets — things like corporations and how the corporate shield is a great line…