Land Trust Applications (How to)
Hello BP Members,
For tax deferral purposes, can anyone tell me the benefits of using a land trust during real estate investment strategies?
How does using a land trust compare to the use of a 1031 exchange?
Can you explain the proper ways to apply a land trust within individual transactions?
It seems this is not the expertise of a CPA, but more of an attorney who knows the ins and outs of a land trust and its applications within real estate investment strategies. Wholesaling, flipping and long term investment strategies should all be considered for the questions above.
Thanks!