privacy

[Robert D.]

I don't record deeds to my properties. I buy properties on Judicial Sale or from owners directly. What are the worst things that can happen ? cook county allows to set up a fraud report..so every time somebody records anything under my PIN (parcel) I get automatic email about it. I value privacy and having deed in my folder is far better than to give constructive notice to the world that I own something. It does not matter if you put it into trust or LLC. Trust is required to provide that info (trust agreement) to IRS and LLC can be easily locked up online. properties I buy are free and clear and will never be mortgaged, refinanced or used as collateral…they just there generating cash every month as rentals...