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Fair. Do you own land held in a trust? Curious of tax "benefits"
I don’t, but there’s lots of reasons people do it, there might be additional costs associated with it but everything I’ve heard of it that the person in charge of the trust just pays the property tax like if they were a normal person instead of the agent of a vehicle.
One benefit to a trust it that transfers take place entirely within the framework of the trust, so you can transfer use rights and “ownership” within the trust without incurring the transfer fees and taxes associated with splitting up a plot in the “meatspace” of titles and deeds.