Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (2,992+)
Edward Adams New Wholesaling / Investment company creation - LLC or S corp decision?
13 April 2023 | 2 replies
Educate yourself on what an LLC is for and then really think about whether you need one or not.An LLC is useful for two things: anonymity and legal protection.
Chad Bourque 1st STR Under Contract -- Direction Please?
8 May 2023 | 30 replies
They're pretty much the only state that offers anonymity asset protection with a land trust, so that saves the step and cost of setting up a holding LLC in WY, DE, or NV.
Mike Jones EIN# for Property LLC under a Holding LLC
2 May 2022 | 34 replies
Giving the bank a local address will not impair your anonymity (unless you use your home address and they print it on your checks).  
Mac Usher Burned Properties!
13 January 2021 | 37 replies
They tend to want to stay anonymously and you may work out fee compensation for it.
Lesley Resnick Will Covid kill Cash?
16 December 2020 | 61 replies
I'd add that simply having a form of money with value decided by people vs. central banks has some hedges against political extremism.However, anyone who thinks Bitcoin is leaves no trace and is 100% anonymous does not understand blockchain technology.I have bought waffles and coffee with Bitcoin and I'm always happy to accept payment in Bitcoin.
Reese W. Pay mortgage with personal checking account or LLC's account?
28 February 2020 | 2 replies
The LLC isn't there for anonymity, it's there to limit liability.
Nicolas Franckenfeld How to 'hide' from your tenants. Need suggestions.
14 July 2015 | 45 replies
Wyoming and New Mexico have anonymous LLCs.
Karen Polis Salvaging bad flip (defaulted loan/taxes overdue)
5 August 2020 | 59 replies
I have a different opinion, that the trustee is likely doing Exactly what the beneficiary wants......as a land trust is one thing that scammers try to hide behind...anonymity, no personal liability, and all that.  
Scooter Williams Asset Protection for $5MM + In equity
4 May 2023 | 13 replies
However, it offers better anonymity than an LLC, and, when combined with an LLC as the Beneficiary, you will get the limited liability protection of the LLC (as the LLC owns the Land Trust) if the Land Trust were broken and dissolved during a lawsuit.
Eric Marquez Starting out from zero, setting up my LLC
5 May 2023 | 11 replies
An LLC is useful for two things: anonymity and legal protection.