6 July 2013 | 5 replies
You don't get to pick the name but you can get the offshore company made quickly and since the name was generated by a firm, it is likely quite anonymous has has nothing that can identify the trust's beneficiary. ). - This BVI company registers as a foreign company operating in your State. - Ownership of LLC which is actually used for real estate investing is by the BVI company. - For deals where we both had money in the deal, my LLC owned a part of the LLC vehicle used to invest.- For deals where I just earned a fee, like a standard waterfall arrangement, my company was paid a salary out of the investment vehicle. - Foreign Investor money is flowed through the LLC to the foreign company operating in the US, and then back to BVI after corporate level taxes have been paid.For my own accounting, ESPECIALLY business entities used to invest international partner money, I use a Big-4 accounting firm to do the books in order to protect my own risk of IRS audit.
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7 October 2011 | 25 replies
I also agree that anonymity is good and land trusts definitely help there.
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1 November 2014 | 7 replies
Plus, I like the anonymity.
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7 June 2017 | 19 replies
I'd refund, less hard costs as @Mike Cumbie mentions.To avoid this exact thing, I pre-screen extensively prior to giving out the address via CL anonymous e-mail.
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28 May 2021 | 76 replies
@Samuel Pavlovcik I feel like this has become "Architects Anonymous" and while I didn't realize it when I first read the post, it's exactly what my soul needed, LOL.
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6 November 2022 | 14 replies
An LLC is useful for two things: anonymity and legal protection.
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20 October 2022 | 2 replies
They choose to remain completely anonymous on their "About Us" page.
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5 April 2022 | 5 replies
Generally, the purpose of the LLC is to provide limited liability protection and a layer of anonymity, and to ensure this you have to operate the LLC like a business, never commingle funds, not act as an individual, file the appropriate tax filings and keep current with the state etc.
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10 June 2023 | 8 replies
I'm also weighing the option to have my properties in LLCs set up in Wyoming (for anonymity) so I'll talk to an attorney.
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10 June 2023 | 4 replies
It was recommended to me to use Wyoming or Nevada to set up an LLC with a registered agent for anonymity so the property can't be traced back to me.