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Re: Why do most of the pros take title as an LLC at the sales...

Posted by Rick, the Probate Guy on November 10, 2009 at 5:49 PM

In Reply to: Why do most of the pros take title as an LLC at the sales... posted by Minnie Me on November 10, 2009 at 4:12 PM

try reverse-engineering some of the deals you mention.

you may discover that the llc's are merely trustee's for tht's.

also, the active investors have to pay short term cap gains taxes anyway so they miss the benefits that the little guys and gals might otherwise be able to utilize


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