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17 February 2017 | 76 replies
I wouldn't include my phone number, but would respond promptly via the anonymous e-mail.
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21 April 2023 | 7 replies
There are some pros, but also some cons.Pros: LIMITED liability protection (but everything related to the property has to be separate from your personal accounts - talk to a lawyer), potential for anonymity Cons: Several hundred dollars per year in fees (at least in Maryland), refinances are more expensive, potential for bank to recall your current loan under the "due on sale" clauseAs far as "how to make it happen" if you do choose to go this route:1) Create the LLC through SDAT (relatively easy process)2) Get an EIN from the IRS (also relatively easy)3) Open a bank account for the LLC4) Open a new email account for the LLC (communicating through a personal account could "pierce the corporate veil"5) Find a title company to do the transfer for you (Universal Title White Marsh has done this for some of my clients)
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27 July 2020 | 5 replies
Some use a $1M in equity as their max amount to put into an entityThe holding entity is useful for anonymity (register it in a anonymous favorable state, then register all the sub LLC’s where the properties reside).
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1 February 2019 | 5 replies
Finally, with the use of Trusts while establishing these structures you can add a level of anonymity by removing your name from public record.This isn't legal advice, just my opinion as a real estate investor.
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9 February 2016 | 17 replies
You can increase your protection with anonymity trusts (to hold the asset anonymously on title) which look like estate planning and makes the banks and the insurance company think it is you personally owning the asset.
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22 January 2023 | 1 reply
I would also like to transfer future properties into land trusts for anonymity purposes.
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17 January 2023 | 8 replies
The crumple zone provides ridiculous benefits, but only when the situation is right.An LLC is useful for two things: anonymity and legal protection.
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5 June 2020 | 9 replies
Boom, done.Also, don't worry about anonymity.
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8 May 2022 | 4 replies
It's for anonymity (WY).
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13 March 2021 | 6 replies
I think this would come off more personable and trustworthy but you do risk losing the anonymity of a business name and entity.