Mid-Atlantic

For the reasons stated above, no one in America should own their home in their own name. If you have a financial crunch and cannot pay bills for a time, creditors can put liens on your home. If you find yourself owing back taxes, the IRS can and will put a lien on your home. If you or a family member have a car accident and are sued for more than you have in insurance, your home is at risk. In a divorce, your home is at risk. If you or a family member are involved in any criminal indictment, your home is at risk. Knowing all of this, you shouldn't be able to sleep at night if you own your home. When you put your home in the PTO, you no longer legally own it. You pay rent to the Trust that owns the home; therefore, your home now falls under rental property category and the mortgage, property taxes, insurance, renovations and maintenance on the home are now 100% tax deductible. Think of the value of this benefit alone. This could give the average family an additional $20,000 per year in tax write-offs which could reduce taxes $3000 to $5000 a year. And you can sleep at night worry-free.