Creating Wealth Real Estate Investing With Jason Hartman

Join Jason Hartman as he and land trust specialist, Randy Hughes, talk about why and when land trusts should be used and how to use them effectively. Randy defines land trusts and explains some of the key elements of asset protection. In the eyes of the IRS, a land trust is a pass-through entity, which is not taxed. Randy discusses the mechanics and some of his favorite reasons for using land trusts for single-family home investments, including anonymity, estate planning, ease of transferability and linking trusts together with other entities. Randy explains that land trusts are regulated state by state, with no federal regulation. He stresses the importance of understanding the different types of trusts, noting the beneficial interest for a land trust is in personal property and obtaining privacy. He also touches on the important psychology behind naming a trust.Randy’s father charged the weekly groceries so that the family would have food on the table. There was no stable income for any future education muc