7 December 2020 | 14 replies
Instead of anonymous web page reviews the reference section of a members profile here lets you interact directly with those folks to get the true skinny on someone you're contemplating working with.As always, do your homework find the best practices and work with someone you click with.
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21 May 2023 | 3 replies
Quote from @KL Kam: An LLC is useful for two things: anonymity and legal protection.
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7 October 2020 | 136 replies
My strategic reason for doing so is to diversify my portfolio beyond global publicly-traded businesses.For example, I have a small amount of money invested on CNote, which pays a 2.5% return from lending money to CDFIs (https://www.cdfifund.gov/), and Calvert Impact Capital, which pays me a 1% return on my investment.I use a donor-advised fund to make anonymous donations to local 501(c)(3) charities because I live in the area and want to "invest" in the quality-of-life of my community.
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3 January 2018 | 2 replies
Seems like a lot of layers, but for me the most important thing is:1) Protecting my new assets from risky assets I currently have2) Anonymity (hence NV or WY LLC)3) Most efficient tax structure as I plan to buy properties for AirBNBI spoke with the Andersen Law firm https://andersonadvisors.com/ -- does anyone have any experience using them?
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10 April 2019 | 2 replies
Many people getting conventional loans will establish the LLC first and purchase the property under the name of the LLC - but there are some challenges with this option, and the rates aren't generally favorable.The best strategy I have seen in this regard is when someone purchases the property in their personal name (offering the best financing through residential mortgages,) transfers the property into a land trust through a Warranty deed (to avoid the Due on Sale Clause and offer anonymity,) and finally assign the LLC as the beneficiary while listing yourself as the trustee to manage it.
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12 April 2019 | 8 replies
The operating company takes on all of the liability that would otherwise blow back on you including: paying property management, paying contractors, collecting rent, marketing, etc.5th pillar is owning everything anonymously.
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6 July 2023 | 3 replies
Unless you think you will be as famous as Elon or Zuckerberg, no reason to do an anonymous LLC, if someone wants to find you they will anyways, its just a lot more work registering and filing taxes in different states for the LLC.
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22 March 2022 | 10 replies
Be anonymous and get a property manager. 5.
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8 July 2023 | 52 replies
If you have relatives info, might anonymously report to get help.