Protect Your Assets Wisely Trust Passthru for Prudent Real Estate Investors

You could have one residence and one personal residence trust another residence in a second personal residence trusts no more than two residents ... If irrevocable trusts are required to distribute income to beneficiaries every year, then that makes the trust a pass-through entity. Beneficiaries pay taxes on ... For example, a single trust that pays $20,000 each year in real property taxes would be limited under the TCJA to a $10,000 deduction each year. A trust can be a useful estate planning tool, in addition to a will. You can use a trust to remove assets from probate, potentially minimize ... Like individuals, a trust can own assets, such as stocks and bonds, which may earn dividends, or real estate, which may earn rental income. In ... Such term also includes any property (not otherwise a real estate asset) attributable to the temporary investment of new capital, but only if such property is ... One strategy is to shift the real property tax burden to an irrevocable trust, which has its own $10,000 annual state and local tax limitation ... A well-structured trust can offer you control, flexibility, and peace of mind that your real estate assets are well-managed and passed on according to your ... You can transfer the rental property to your beneficiaries without them having to pay taxes on its value. Some Anonymity. Real estate trusts used to be a great ... A properly structed living trust is the ideal vehicle to memorialize a distribution structure that ensures your children will be able to retain your ...