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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Why do most of the pros take title as an LLC at the sales... Posted by Rick, the Probate Guy on November 13, 2009 at 10:58 AM In Reply to: Re: Why do most of the pros take title as an LLC at the sales... posted by Mark on November 12, 2009 at 5:45 PM If you use a THT, you can avoid the whole LLC problem if the money is only flowing thru the trust. I agree that Ward's workaround seems circuitous and burdensome. That's why we use a friendly protective HELOC for up to the entire equity to simplfy the witholding issues and provide the protection that is otherwise not available. I call it the "hide the weenie" document because no matter how else you try to hide the equity, someone else can spot the beef (and pork ears, lips and whatever else you deal is comprised of) Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : If you use a THT, you can avoid the whole LLC problem if the money is only flowing thru the trust. : I agree that Ward's workaround seems circuitous and burdensome. That's why we use a friendly protective HELOC for up to the entire equity to simplfy the witholding issues and provide the protection that is otherwise not available. I call it the "hide the weenie" document because no matter how else you try to hide the equity, someone else can spot the beef (and pork ears, lips and whatever else you deal is comprised of) [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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