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27 September 2023 | 12 replies
An LLC is useful for two things: anonymity and legal protection.
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27 September 2023 | 11 replies
Otherwise, you'd have every bank account for each LLC with funds flowing in and out, and tougher to consolidate your funds.The mgt LLC is useful if you have a "mess of llc's" or perhaps you are trying to create a brand, or provide a pseudo layer of anonymity...So what are you looking for?
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23 May 2022 | 7 replies
I'm not sure how they're getting by the new rule but maybe reaching out and ask anonymously before making any decisions.
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11 October 2020 | 24 replies
And that could blow back on me as the new owner, in unforeseen ways.At the risk of sounding paranoid, all it takes is one person to say "Gee, it'd be a shame if an anonymous tipster told the county about your non-permitted work, why don't you let us take this headache property off your hands?
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26 February 2020 | 18 replies
he has other related videos on asset protection and anonymity, including tax tips.
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15 September 2023 | 6 replies
The WY LLC has strong charging order protection and anonymity, while each individual LLC insulate each property from each other.When dealing with flips, each property also would also be in its own LLC for asset protection, but for tax issue, as it become an active business, you would want to have them under a separate holding that would probably be taxed as an S-Corp.These are the general guidelines.
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10 November 2011 | 17 replies
Between that and a PO box for LLC mail, I have total anonymity and it would take some work to find out whom actually controls the LLC.
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30 May 2022 | 47 replies
Storrey Lake for instance would be a well positioned community close to the parks with reasonable owner anonymity that offers many turn key resale opportunities.
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3 January 2022 | 150 replies
And very few STR landlords are doing a good job managing their properties, so issues are rampant.On the up side, hotels have created this problem by going for higher-end properties in huge anonymous towers.
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26 May 2023 | 6 replies
When you get a lot of them, then put all LLC's in an anonymous LLC or trust.