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General Landlording & Rental Properties

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Ben Stout
  • Real Estate Investor
  • Pensacola, FL
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136
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Trusts with LLC as beneficiary

Ben Stout
  • Real Estate Investor
  • Pensacola, FL
Posted Oct 27 2012, 08:29

If you have a trust in which your LLC is the beneficiary, is it possible to commingle funds?

From what I've read the trust is the owner of the property and you need a trust bank account, etc... but trusts generally allow personal funds to be mixed. LLCs of course do not.

If rents go from your property manager to your ABC, Trust... do they then need to be distributed to the LLC which is only disclosed within the highly-guarded trust paperwork? Or is the LLC only a beneficiary and it's the trust operating as the business?

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