30 October 2018 | 3 replies
Mainly:pro: asset protection, anonymity (depending on the state), estate planning (fair value gift tax exclusion every year)con: creation and maintenance cost, limit the ability to get mortgage, bookkeeping and tax reporting cost, proper use to avoid piercing the veil.LLC is not a replacement for liability and umbrella insurance.
15 January 2019 | 2 replies
Finally, with the use of Trusts while establishing these structures you can add a level of anonymity by removing your name from public record.You build up your protection as you build your assets.
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17 July 2012 | 7 replies
She= The customer, who will remain anonymous for obvious reasons.I managed to negotiate a good price on a 3/2, 1300 sq, earlier today, on the NW side of Houston.
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8 December 2020 | 13 replies
I have talked to several lawyers about land trusts and here is what they tell me:Land trusts provide anonymity, and no asset protection (which is why the properties should be also held in an LLC), however the land trust is worthless because-if something happens and you get sued, any half decent lawyer is going to find out who the beneficiary of the land trust is (you) and you are screwed anyway.
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1 January 2009 | 110 replies
Give anonymously, ( I used postal money orders without my name).
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7 August 2008 | 1 reply
This is utter non-gibberish," scoffed a Fed economist who wished to remain anonymous.
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27 May 2011 | 19 replies
If you buy the REO property then you being on title are referred to as the grantor/settlor beneficiary and you assign beneficial interest to whoever you wish.Just so you are aware the LLC protects the LLC members from liability in attacking them personally and the Land Trust protects the corpus ( real property) so they go together like bread and butter.Last point is anonymity and privacy and that is what LT is really known for.The LT is good since it can be used on a per property basis and gives you many exit strategies.Selecting the right trustee is critical to your trust being legal and correct.
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14 January 2017 | 76 replies
If you're worried about it then you could leave an anonymous tip with the police dept and let them sort it out for you
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26 February 2021 | 17 replies
Three things that websites are good at: Holding more information prettier that a craigslist post, allowing lookie-loo-s lots of time to come and go anonymously, and maybe building your credibility if it is a nice website that provides value.
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24 June 2016 | 16 replies
@Chuck Cirulli: Investing in exchange traded markets have a lot of exemptions built in for the IRA investor and it is primarily around the fact that you are working through an intermediary (i.e. an exchange) where the buyers and sellers are generally anonymous.