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is John's Rosina here with Jeff Greene and we're gonna go over a land trust agreement today Jeff how you doing I'm doing great how are you John fantastic why don't you explain to these fine viewers how to fill out a land trust agreement or property that they're purchasing well this is most likely the number one ask question in real estate what's a land trust how do I use it people don't understand it it is very very simple there's three parts of a trust agreement basically you've got the trustee or the manager who does the business on behalf of the trust you actually have the owner who is the beneficiary or settler or grantor the actual owner and the third part of it is just the trust itself a trust is actually a vehicle for holding property and the way we do it is for about last 14 to 15 years we've been buying everything in a land trust we have LLC's as the trustees other LLC's possibly as the beneficiary and that's how we reported on our tax return which is very important land trus...
