The Florida land trust is a unique relationship between the trustee and beneficiary that protects the identity of the property's true owner. When used properly, the land trust provides privacy of ownership, ease of management, isolation of liabilities, and easier transferability of ownership.
If friends, family, creditors, business associates and others can see that you own all those investment properties, or that you sold them and made a lot of money, it may not take long before they're knocking on your door for a loan or gift. Additionally, there are ways to use the land trust during the purchase closing to hide the sales price from public records.
A land trust can be created faster and cheaper than a limited liability company, a more common method of holding title to real estate. Like an LLC, it allows ease of management, pass-through taxation, and limited liability, but can be created in a matter of minutes without expensive set up, filing, and annual fees that come with LLC's.
KEY FACTS ABOUT TRSTE, LLC
-
US Businesses
-
Companies in Florida
-
Orange County Companies
- Company name
- TRSTE, LLC
- Status
- Active
- Filed Number
- L04000054668
- FEI Number
- 202443217
- Date of Incorporation
-
July 23, 2004
Age - 21 years
- Home State
- FL
- Company Type
- Florida Limited Liability
CONTACTS
- Website
- http://trste.com
- Phones
-
(407) 373-7470
(407) 770-0200
TRSTE, LLC NEAR ME
- Principal Address
- 1901 WEST COLONIAL DRIVE,
First Floor,
ORLANDO,
FL,
32804,
US
- Mailing Address
- PO Box 547945,
ORLANDO,
FL,
32854,
US
See Also