Maintaining Privacy When You Play Option Trading (2)

How many of you have heard the expression “you can’t get blood out of a turnip”? When an attorney is searching the public records to find your real estate assets, you want them to think you are a turnip. If your ex-spouse is trying to get money out of you, the first place his or her attorney looks is real estate holdings.

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What is the Right Time to Play Option

As we have said, using a real estate option contract you can control property without buying it. You should think about using an option contract for the reasons we talked about in Chapter 18. To review, those reasons are to maintain privacy, protect your cash, have limited risk/high return, control property, buy time, assemble partners, watch the direction of the market, handle contingencies, procure financing, and do income tax planning.

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