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Foreclosure Forum |
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Land trust/THT.
I'm thinking about learning how to use the THT/land trust for my investment properties. Is this form of ownership suitable for holding title to a prinicipal residence? Is the interest still deductible. Is there a better way to hold your principal residence if your looking for asset protection, etc. that a THT provides? I notice that many high worth individuals hold their principal residence in a trust, however I have heard that this is usually a living trust/revocable trust and the primary function is estate planning related. Thank you.
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