If someone has a rental property with a trust, can they not have an LLC for this specific property? (Estate Planning and Asset Protection for Rental Property Owners)

Answer

Noelle Bryce

Feb 19, 2025 - 12:30 PM

The really neat thing about trusts is that they are designed to own property, and they don't have to own the property directly. They can own interests, membership interests in an LLC. So the way to think about it is that the trust would be the top of that ladder and everything that folds underneath it.

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- Addendum to Rental Agreement
- Addendum to Rental Agreement
- Application to Rent
- Application to Rent
- California Bed Bugs
- California Bed Bugs
- Cash for Keys Agreement
- Cash for Keys Agreement
- Commercial Rental Application
- Commercial Rental Application
- Declination Letter
- Declination Letter
- Disposition of Security Deposit
- Disposition of Security Deposit
- Extension of Lease
- Extension of Lease
- Fair Housing Sign
- Fair Housing Sign
- HUD Lead Paint Disclosure
- HUD Lead Paint Disclosure
- HUD Lead Poisoning Prevention Pamphlet
- HUD Lead Poisoning Prevention Pamphlet
- Mold Addendum
- Mold Addendum
- Month to Month Tenants Termination Letter
- Month to Month Tenants Termination Letter
- Move In / Checkout List
- Move In / Checkout List
- Notice of Changes in Terms of Tenancy
- Notice of Changes in Terms of Tenancy
- Notice of Entry
- Notice of Entry
- Notice of Rent Increase
- Notice of Rent Increase
- Notice of Right to Inspection Prior to Termination of Tenancy
- Notice of Right to Inspection Prior to Termination of Tenancy
- Notice to Pay Rent in Cash, Money Order, or Cashier’s Check
- Notice to Pay Rent in Cash, Money Order, or Cashier’s Check
- Notice to Pay Rent or Quit
- Notice to Pay Rent or Quit
- Notice to Perform or Quit
- Notice to Perform or Quit
- Past Due Rent
- Past Due Rent
- Pet Addendum
- Pet Addendum
- Property Management Agreement
- Property Management Agreement
- Quick Glance Tenant Chart
- Quick Glance Tenant Chart
- Ratio Utility Billing Addendum
- Ratio Utility Billing Addendum
- Rent Receipt
- Rent Receipt
- Rental Application Form
- Rental Application Form
- Rental Deposit Form
- Rental Deposit Form
- Residential Lease or Month to Month Rental Agreement
- Residential Lease or Month to Month Rental Agreement
- Smoke Detector
- Smoke Detector
- Sublease Agreement
- Sublease Agreement
- Tenant Estoppel Certificate Statement of Tenancy
- Tenant Estoppel Certificate Statement of Tenancy
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Tenant Screening
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If someone has a rental property with a trust, can they not have an LLC for this specific property? Estate Planning and Asset Protection for Rental Property Owners

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