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Updated about 10 years ago on .

Alberto L Herrero's profile image
Alberto L Herrero's profile image
Alberto L Herrero
  • Investor
  • from Knoxville, Tennessee
  • Member since Jun 4, 2015
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Alberto L Herrero's profile image
Alberto L Herrero's profile image
Alberto L Herrero
  • Investor
  • from Knoxville, Tennessee
  • Member since Jun 4, 2015
Connect
Alberto L Herrero
  • Investor
  • Knoxville, TN
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Wholesaling

Transfer my rental property to a trust

Alberto L Herrero
  • Investor
  • Knoxville, TN
Posted

I have rental properties on my name. I have mortgages on those rental properties.   I have a friend that wants to invest his money with me to buy more rental property.

I was thinking to create trusts for each property, my friend and I will be the trustees. 

Would that be the way to invite him to invest with me?  Would I have to go to the title company to transfer the property title to the Trust?

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