The Benefits of Using A Land Trust to Hold Title to Your Real Estate Investments
Guest Speaker: Randy Hughes, aka “Mr. Land Trust”
Since purchasing his first rental house in 1969, Randy Hughes, aka “Mr. Land Trust” and creator of the Land Trusts Made Simple website, has bought over 200 houses. His primary goal now is to teach others how to break the cycle of poverty. Randy teaches real estate investment courses throughout the United States. He has written Privacy and Asset Protection books as well as home study courses. Randy’s most popular publications are his Land Trust Made Simple home study courses and live seminars. Randy has written extensively for local and national real estate publications. He has taught real estate classes at the University of Illinois, Parkland College and Elgin Community College. Randy has been a licensed Continuing Education Instructor for the Illinois Association of Realtors for 20 years. He also speaks to real estate investment clubs throughout the United States. He also teaches land trust law and administration, authors the only Land Trust Newsletter and Blog in the country, is the founder of the Land Trust University.
What you’ll learn about in this episode:
*How Randy’s early research into ways of holding title in other ways besides in his name set him on his path towards becoming the land trust expert
*The advantage of segregating your assets
*How land trusts protect your privacy
*How to segregate your assets cheaply by putting them into separate land trusts
*The difference between a trust and an LLC
*How the IRS categorizes these trusts and what “pass through entity” means
*The nuts and bolts about how land trusts work
*Why title companies don’t fully embrace or understand land trusts even though they have been around for over 100 years.
*What happens to your land trust after you die
*The process of creating a new land trust
*The many applications of a trust/How they are used/Creative Asset Protection
*Why the upside of land trusts outweighs the downside
*Teaching young investors how to protect their assets via land trusts
Resources:
Download Mr. Land Trust’s® free report, Reasons to Use a Land Trust, when you text REASONS to 206-203-2005.
View Land Trusts Made Simple Free Webinar
