Hide List in the Deed Of Trust

Aug 6th, 2022
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How to Hide List in the Deed Of Trust

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In today's video, the focus is on understanding the promissory note, deed of trust, and their relation to the house-buying process involving investors and lenders. The discussion emphasizes the importance of the lending process for those interested in wholesaling or flipping houses. It highlights that to progress as an acquisition company, one must grasp how to secure funding for purchasing properties. The case study presented involves an investor identifying a good deal on a house priced at $40,000, which the homeowner is willing to sell. The investor must communicate with a lender to obtain the necessary funds, highlighting the need for understanding these financial concepts to succeed in real estate investing.

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The three most common ways to hold title to property for enhanced privacy purposes is either through an LLC, a revocable trust or realty trusts, also known as land trusts or nominee trusts. The main attributes of these structures, often referred to as privacy vehicles, are explained below, but it is important to
A hidden asset is an item of value that is not stated or is understated on the books of a business (such as a balance sheet).
Why Do Some People Hide Their Assets? Tax Evasion: One of the most common reasons people hide their assets is to evade paying taxes. Protection from Creditors or Legal Judgments: People hide their assets to protect them from creditors or legal judgments.
How to Hide Assets from Public Record LLCs. A limited liability company is the first step toward creating a hidden asset that is obscured from public recordbut not if your name is listed on it. Land Trusts. Holding Trusts. Retirement Accounts. Business Ownership. Cars, Boats, and RVs.
Examples of hidden assets are trademarks, patents and copyright, but employee expertise and specialist knowledge, customer databases, business models, designs, manufacturing processes, databases, internal manuals and descriptions of working methods can also be considered hidden assets.
For your personal assets, such as your home you can hide your ownership in a land trust; and your cars you can hide in title holding trusts. These documents can keep your association with these items out of the public records.
You can hide assets in a trust because they offer a great level of privacy. People wont know what is inside the trust. They wont know if theres a relationship between you and the asset protection trust trust.
Whilst it is not unheard of for parties to attempt to hide their assets, the reality is that actually successfully doing so is very difficult; non-disclosure is an issue which can be pursued via the court and can ultimately result in imprisonment.

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