All Forum Posts by: Jonathan Phillips

It's difficult to prevent such sites from web crawling data that is considered public record.  However, a lot of these sites offer an opt-out request form that will remove your listing.  Unfortunately, it's a manual process that varies across sites.

Alternatively, I've heard of a few sites that claim to remove these entries for you in bulk (across a list of various sites) for a fee, but have no experience with them.

I'm looking to purchase a primary residence.  Due to my profession, I need to maintain some level of anonymity -- i.e. need to avoid people easily searching for my name on the county deed/property websites.  (Not trying to avoid taxes or anything similar)

It seems that utilizing a LLC, established in New Mexico/Wyoming for example, may be the best way to achieve this, as a holding company. Additionally, for estate planning reasons, the LLC would be owned by my revocable living trust. A EIN and associated bank account would be created for the LLC -- and the property paid for by the LLC (no financing associated with this property).

A few quick questions:

a. Are there any immediate or downstream issues that I may be overlooking with this type of setup?

b. Under this setup, if I decided to sell the residence after 2 years, does the Capital Gain Exclusion (Section 121) still apply? (Single Member LLC ("disregarded entity"), owned by my revocable living trust).

Additional note: The State of primary residence does not consider owning real or personal property as transacting business -- thus, registration of the foreign LLC would not be required.