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  • Can someone pls explain the below...

    - Is it legal to sell our rental properties which are owned by our LTC to our trading trust?
    - If so how do we go about the selling process?
    - Is it just a matter of doing the paper works and transferring mortgage owners from LTC to Trading Trust?
    - What are the benefits or disadvantage?

    Of course the selling price will be the actual value coming from the property valuator who is recognized/authorized by the bank.
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