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9 February 2018 | 5 replies
So @Scott Smith, in order to use a Series LLC, I would need to create an anonymous trust, correct?
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9 February 2018 | 15 replies
You can read more about the nuts and bolts here and here.A Series LLC can offer compartmentalization, which will separate your assets, and asset protection through anonymity.
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22 February 2018 | 17 replies
His suggestion was a series LLC, but just transfer the title into child series A and forgo any trusts or separate PM LLC.His reasoning once I told him Scott's suggestion was the land trust doesn't have any real anonymity, he said he will (as a plaintiff's lawyer) find out who the beneficiary is, and if I am the trustee and grantor of the trust then he can still come after my personal assets as the grantor.
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17 January 2018 | 7 replies
With what you do for a living and the fact that you are in the public eye the LLC may have some value for the anonymity that it would provide you.
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26 January 2018 | 3 replies
We are currently tossing around 2 ideas:1) Get a duplex; rent one side and live on the other - We would use a management company to handle the other side so we could more or less remain anonymous owners so as to avoid any interference with our personal life while we are raising a baby.
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2 February 2018 | 8 replies
@Dustin Karas, by a personal LLC, I assume you mean a single member LLC.If you are looking to invest in a syndication as a passive investor, then it should not make any difference since the LLC will be passthough (check with your tax professional).However, there are other benefits like a little bit of anonymity, possible layer of defense from personal identity theft (the syndicator will have your LLCs EIN vs your personal SS# if they are hacked).
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1 February 2018 | 0 replies
I've done many land trusts and many LLCs, so it's not that I don't know how to handle either, I'm just really not sure what the benefit of a land trust could be over an LLC other than anonymity, which is very typically not a big concern.
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9 February 2018 | 23 replies
Anonymous CL e-mail all the way.How did this one get your number, Carrie?
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6 February 2018 | 11 replies
Mostly for anonymity and retirement plans.For little houses with debt, I own personally, act above board and carry good insurance.For little houses without debt and that I never plan to leverage, LLCs are fine.The biggest questions for me are what asset type?
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16 September 2018 | 24 replies
It offers compartmentalization to separate your assets, pass through taxes and fees, and anonymity through land trusts.