Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 1 day ago on . Most recent reply

User Stats

83
Posts
28
Votes
Rashid Khalil
28
Votes |
83
Posts

maintaining privacy in lease agreement

Rashid Khalil
Posted

when renting a property owned by LLC or a Trust (to maintain privacy), who will sign on behalf of the landlord, (manager or trustee). the signor will have to disclose their name (Me) which will blow the anonymity

I made my Trust sign a management agreement with My LLC but then when i signed as manager of LLC on lease that exposed me again

To me seems like the only way is to have 3rd third-party PM contracted which then signs the lease with Tenant, but that is a lot of money wasted every month   

any thoughts and ideas is appreciated 

Most Popular Reply

User Stats

230
Posts
127
Votes
Daniel Tanasa
  • Realtor
  • Houston, TX
127
Votes |
230
Posts
Daniel Tanasa
  • Realtor
  • Houston, TX
Replied
Quote from @Rashid Khalil:

I made my Trust sign a management agreement with My LLC but then when i signed as manager of LLC on lease that exposed me again


 Hey Rashid, 

In the case where you created a separate LLC for managing the property, that doesn't hold any assets, that is the protection. If they go after that LLC, there is nothing to be gained. It doesn't matter that you're the manager for it.

At least to my understanding. I am not an attorney. 

Good luck!

  • Daniel Tanasa

Loading replies...