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You don't want to cross those lines. You and the trust are two different people. Depending on the purpose of the trust and why it was formed.

You and the trust can be on the property as owners, now how you and the trust hold title will determine the percentage of the property you own and the trust own. The portion that you own is considered part of your net worth.

If the trust is the sole entity that is on title then you do not own a percentage of the commercial property. Then none of the commercial property is considered as part of your net worth.

I hope this has been of some use to you, good luck.

"FIGHT ON"

2007-06-16 18:59:28 · answer #1 · answered by loanmasterone 7 · 0 0

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