People generally understand and are comfortable with LLCs, so they often miss out on the benefits of a land trust just because of unfamiliarity. This articles compares the two entities side-by-side, showing the similarities and differences.
I have always been fond of trusts generally and, when it comes to real estate investment, a land trust can be an ideal solution in many situations. The only real drawback is that a lot of people are unfamiliar with trusts and it takes a good deal of explaining to get them to the necessary comfort level. The purpose of READ FULL POST