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I can see I will view this video several times. Great info!

Good show, especially with the diagram to make the flow clear.

Hi Toby, Thank you for great content. May i have a template of a land trust please.

Toby is so concise and he shares the latest state of the art in asset protection. Toby and Clint provide the best legal tax and business expertise so generously on KZread. Thank you very much!

Thank you

To make sure I understand, even if I’m purchasing my first investment property I should have a Land Trust? The property is purchased under an LLC then I have my llc in a Land Trust. Thank You!

Man all your videos are awesome! Thanks for the advice. 👍🏽👍🏽

Thank you for informative vision. I planned to buy property in Spain to rent out. Any advice should I buy on USA LLC (and register in Spain)

Great videos! I just discovered you and have been seen all your videos! Do you recommend to open an additional LLC as operating company to run all the others LLC business? If it yes. Who shall owe the operating, the holding LLC or personal and do I need a real estate property manager license?

I'm going to be soo educated when I'm finally ready to build my real estate network.

@TobyMathis

Күн бұрын

That's fantastic to hear! Education is the key to success in real estate.

Toby.. I get security tru obscurity.. but how do u protect a land trust or LLC from title theft?

Great tips about setting up a land trust. Question - what if the bank demands that you to put the mortgage in your own name? Doesn't the title have to match the mortgage?

Man....you are a GALAXY of knowledge and information. Your videos are always chocked full of information. Awesome I want to buy a property (GA); will have a typical bank loan, can I 'title/deed' the property at closing in the name of the LLC and or Trust?

@TobyMathis

Жыл бұрын

This will depend upon your lender. Lenders typically want to see the property close in the name of the borrower. We recommend discussing your plans with your lender to determine if they will allow the LLC to close on the property as they may require that the LLC be the borrower in this scenario.

What if you can't buy it in a land trust, you have to transfer it to the trust. Is there still protection?

Thank you Tony! 👍🏽

@TobyMathis

Жыл бұрын

No problem 👍 thank you for watching!

I am in Nevada too, cool

Hello Toby, you're such a blessing. I learn a lot from your videos on real estate. Please can I use a Wyoming registered LLC to buy properties in other States in America? And, outside America? Thanks for responding. Ekip-obasi.

@TobyMathis

Ай бұрын

I recommend setting up a free consultation to discuss some strategies and how they apply to your unique situation. Sign up here: aba.link/08afb5

how can we fund the llc to buy the land trust? I am in maryland and just started a new LLC and I want to buy rental properties but need help with funding. thanks5

How about when it comes time to do a cash out refinance? Does it make things complicated?

["8/13/22, Liking videos. Question: Can a Trust be for Structure (home) on rented land?"]

Toby… Fascinating content as usual! I got a question regarding this though. If title is taken in the name of 123 Main trust and such a trust only exists on record in your filing cabinet as generated by computer software, what is to prevent SOMEBODY ELSE from purporting to be 123 Main trust and hijacking your property? I'm guessing it would be all the other verbiage that comes later that would not be a matter of public record? All the trustee verbiage regarding ABC LLC or Toby Mathis who are in fact verifiable entities?

@aurora571000

Жыл бұрын

You have to file the LLC with your state and pay again each year. Cost $150 FL, $1,000 New Jersey

Great information, thanks! Wondering if there is an elevated risk of title fraud (ie, someone else posing as trustee and selling the property) when property is held in trust, since the trust documents and any updates aren't recorded?

what about getting a loan on an LLC. Thats hard to do.

Hi Toby, you and Clint are Top Notch in Property Protection. One question: IF the owner of the property is FOREIGN (for example, he lives in CHILE) and forms a WY COUPLE LLC with his spouse and one more partner ( JON DOE, JANE DOE and Brian DOE ) in the 50, 49 and 1% ( Default Tax by the IRS as a Partnership) and JON Dies, In this case just remove the deceased partner and Transfer the 50% to JANE in the Operating Agreement and that is ok because the US Government is not aware of the Existence of JOE and this is not subject to making a will in this case, okay?

Some investors still have c corps, can you do one video on what is easiest way and must do things to maintain c corp? Also can a Wyoming LLC own shares of the c corp? Thanks!

@TobyMathis

Жыл бұрын

We actually have a couple videos out like this, you should check out Clint or Toby's KZread pages! While yes, technically the WY LLC can own shares in a corporation, that will not usually be the best strategy as you want to separate out active and passive income streams and their associated liabilities.

Very informative. How about a living revocable trust? Like too set up LLC for rentals that are held by the revocable trust. I was advised to set up LLC withe the revocable trust as a member and then transfer the property to the LLC . Does this make sense? I want liability protection and prevent probate. Thanks in advance

@TobyMathis

Жыл бұрын

This is exactly what we generally recommend! Each structure, no matter how large or small, should flow down to a living trust so that you can control how your assets are divided among your family, in the event of your incapacitation, and to completely avoid probate. The LLC(s) will provide asset protection, and the living trust will provide peace of mind for the family and avoid probate for all the other assets.

Hi - i love your content! 2 quick questions: Do y'all have any recommendations for an entity that could help set up some of the structures discussed? Also, is it possible to get an equity loan when/if you move a property you paid cash for to an LLC.

@TobyMathis

Жыл бұрын

Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby

Can I buy house under my LLC and rent it to my self?

Fascinating! If you bought the property in the trust with the beneficiary as the LLC for asset protection, which "entity" would you set up your bank, insurance, credit cards, and loans, with? Should you create those in an LLC's or in the Trust's name?

@youmayberight2434

Жыл бұрын

You should have no problem getting bank card with llc but you need an EIN number from my limited experience.

Dear Mr. Mathis, I am new subscriber to your YT videos. I wish I had discovered your YT way earlier. I already own a number of properties under 2 different first names with same last name, not a trust or LLC. I realized it is too late to hide my id even after funding the land trust under a Wyoming LLC (9:23) because of local county deed registrations and city tax assessor records. Questions: 1) What's the best remedy to those existing properties? 2) Is it better NOT to put future new purchases under the Land Trust and that LLC holding the transference of existing properties? Your professional opinion is highly appreciated. Thank you.

@samc991

Жыл бұрын

Forgot to mention, properties are in Michigan.

I'm in CA and in theory, this set up wouldn't work for financing a property, would it?

@aurora571000

Жыл бұрын

I would think the sole owner LLC would own the rental property and then it goes on your 1040 for the Schedule E (rental income/expenses). But I don’t think for your personal home.

8:32 Attorney be gone 🤣

Property was left to me, (death/State of Arizona). What process would I take to transfer the property out of my legal name into a trust remaining the sole owner of that property. I hope I made sense.🤔

@maximumwoof8662

Жыл бұрын

set up a new trust , transfer title to the new trust name, with an llc as the trustee. obviously this requires some advance work...

@Msjaniceelaine

Жыл бұрын

@@maximumwoof8662 Thank you for your insight. I'm not 100% certain that I can undertake the process. I will definitely reach out to a knowledgeable professional. I'll start with Toby and see where it takes me. *Again Thanks*

LoL flick them in the eyeball, or step on their foot with a vicious high heel 😆

I have a property in my legal name.. I do have a llc formed..how would I transfer this property to a land trust?

@TobyMathis

Жыл бұрын

We usually recommend a warranty deed be used to transfer property from your name to your LLC. Anderson does provide this service in most states, so feel free to reach out and we would be happy to assist!

@irenehernandez6688

Жыл бұрын

After tHE 45 min consulting. Can we pay for more time same conversation? Thank you so much for your knowledge

Do you need a land trust for every LLC? Or does 1 land trust suffice for all of the LLCs?

@TobyMathis

Жыл бұрын

Just like LLCs, we do recommend that they be used at a 1 to 1 ratio - one land trust for one piece of property.

@ryana9712

Жыл бұрын

@@TobyMathis so one LP Holding company(WY) that owns all of the LLC in the state where each house is located? Then each Trust LLC owns 1 property for the other LLC? Should employee payroll come from the LP Holding company or the LLC? Great content. Glad I found your channel.

Is there a recourse if people don't pay rent during a pandemic? It makes real estate investing scary! Any comments?

@TobyMathis

Жыл бұрын

It depends on the situation and the location in which it takes place. Do you have any details you want to share to give us a better picture of the scenario (only if your comfortable).

Hi. I love your videos. I have a question, does this also apply when applying for first time land buying rural ? Will the banks or kenders allow me to apply for a mortgage thru an LLC that was created quite short?

@TobyMathis

Жыл бұрын

This will ultimately depend on your lender. Many lenders can wary of an LLC that was formed recently and how no track record from a creditworthiness standpoint. We recommend meeting with lenders to discuss your goals and what they would need to see to approve such a loan. Developing a good relationship can be a huge help in real estate investing.

What about Family Limited Partnerships?

still confused

Maybe is crazy but... can a trust put a non profit as beneficiary?

@TobyMathis

Жыл бұрын

It can, but depending on your goal with having a non-profit as the beneficiary of your trust there might be better ways to achieve your goal.

Are you taking in new clients? Or just work on the workshops?

@TobyMathis

Жыл бұрын

We are taking in new clients and offer free first time consolations if you are interested andersonadvisors.com/ss/

How do you buy property for cash and put it under trust or LLC before creating one??

@TobyMathis

Жыл бұрын

Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby

I will love to do a trust with you , where are you at?

@maximumwoof8662

Жыл бұрын

the principals in the law firm are in various areas, but they function as one unit. lookup anderson business advisors fo their contact info.

I got the answer I was looking for from this video. Thank you

I like your video, thanks I have a question: LLC is real company do I have to pay monthly fees?

What happens to a single or multi member LLC or Land Trust if members die? Also, does a LLC or Land Trust work for International property purchases?

Dont buy rentals in this market, it will crash

🤣🤣🤣 Not legal advice