Updated over 7 years ago on .
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Holding a property in a trust
Hi guys,
We are looking to acquire some properties in NY using a conventional mortgage. After closing I want to quit claim the property to a trust. I know NY isn't a state that officially recognizes land trusts, but Florida is. Can I use a FL land trust to hold the NY based properties? IF not, what is the best way you'd recommend to create some asset protection here?