Land Trust vs LLC To Hold Rental Property

Summary

This video provides a detailed comparison between using a Land Trust and an LLC to hold rental properties, focusing on the implications for asset protection, taxes, the due-on-sale clause, and anonymity. Attorney Clint Coons explains that while an LLC is superior for direct asset protection, a Land Trust is better for avoiding transfer taxes and the due-on-sale clause. Ultimately, the optimal strategy for most investors is to combine both: placing the property into a Land Trust first, with an anonymous LLC named as the beneficiary to achieve both privacy and liability protection.