New FinCEN rules starting March 1 require reporting when residential real estate transfers to trusts or LLCs. Learn which transactions trigger filings.
A trust fund is a legal entity designed for holding assets, not a specific type of account as is thought in the popular imagination. Because of this, trust funds can be the owner of a variety of ...
In August, 2025, RECO announced that iPro Realty Ltd. had reported a $10.5-million trust account shortfall, which resulted in the collapse of that brokerage, the dispersal of its 2,400 realtors and ...