Just about every week I get a call or email from a student (or prospective student) asking me if it is LEGAL to form a Land Trust in their state? Oftentimes they have been told by their attorney, accountant, or title company that the use of a Land Trust in their state is ILLEGAL!
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The other approach an investor can take is to select a high-quality turnkey provider and invest with their help. Norada Real Estate Investments is one of the longest-running nationwide providers with a great industry reputation.
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Why do I recommend to my students that they think about situs and out-of-state Land Trusts? In my Land Trusts Made Simple® home study course, I discuss the advantages of using an out-of-state trust to hold the title to the property in your state.
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Be sure to read Gene’s suggestions on how to ensure the investment company you worked hard to build, continues for generations to come.
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What better way to get your year going by attending a FREE TRAINING hosted by Sadhana Sabharwal, “Single Mom Millionaire!” taking place this Thursday, January 21, 2021, from 7 – 9 pm EST.
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