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24 April 2023 | 4 replies
The LLC doesn't benefit you on taxes, but it give you a level of anonymity.
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5 November 2021 | 4 replies
@Charles Carillo.Yes, agree, I know a revocable trust alone does not provide asset protection, just anonymity, But Garret Sutton, writes in his book you do get asset protection as well if the beneficiary of the trust is not you personally, but an LLC.Can you please give me your feedback about this strategy?
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26 September 2018 | 8 replies
@Jake SnavelyI personally use trusts for anonymity LLCs for liability purposes as well as insurance And a corporation to manage the properties.
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9 September 2019 | 10 replies
Join Meetups, mailing lists, and call the We Buy House numbers..thats at least a step above CL and anonymous contacts
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15 August 2014 | 10 replies
If you want to make it exponentially harder for someone to even find the name of the holding company LLC, individual properties can still be held in anonymous Trusts.
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27 December 2018 | 39 replies
That will add anonymity and make your life easier to transfer one property from one LLC to another without having to redo the title and pay recording fee and stamp.How much property per LLC is a matter of personal choice and risk tolerance.
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4 June 2021 | 4 replies
The cost was $250 and everything is registered in the agent's name so I am completely anonymous.
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4 May 2023 | 3 replies
Which is kinda defeat the purpose of anonymity if the Trustee get all the annoying phone calls.
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4 May 2023 | 7 replies
Depending on the state it may not be worth it, and that transfer tax would be ridiculous as well.I would check if you are able to transfer it into a Trust without paying the transfer tax, as the bank/lender won't be able to tell you anything if it's put into a Trust.Another thing is the Trust won't really give you any protection, it'll just give you some anonymity if anything so you don't have your name on the property and you are a little harder to find.
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29 January 2023 | 7 replies
We want to remain pretty anonymous- don’t want tenants knowing I’m the owner- for simplicity sake- I would just be the manager of the property.