Hey all, first time here. Im currently going through a divorce and trying to figure out what to do with the rental property I (we) bought in VA with my VA Loan. I want to keep reenters in it, and to put it in something that is going to require as little input from me as possible until I can get into a better financial situation and sell it. I've heard there are combinations of LLC's and/or trusts that can accomplish this, and want to figure out what is going to work best for my current, less than ideal situation. Any help is appreciated.
Hi mike, same situation here, how did you solve it?
@Yifat Gat assuming the goal is not to hide marital assets, putting a property into a trust or LLC won't really reduce your involvement unless you're also hiring management, which you could do without an LLC or trust.