Sainath Muntha
Registering a Wyoming LLC in a state you invest In
19 February 2024 | 15 replies
Is the anonymity and the additional asset protection worth the hassle?
Brian Cam
Buying property from a trust?
18 February 2024 | 6 replies
The point of using a land trust in real estate is for the beneficiary to remain unknown/anonymous for as long as possible.You can ask the trustee for verification that they are in fact authorized to sell the property held in trust (it's not always the case that they are, you should check).
DJ Brooks
Need help with a subject-to land trust or LLC
15 February 2024 | 4 replies
That gives you an anonymity and asset protection at the same time.
Jacob Zivanovich
Should I Tell the Roommate that I'm the Landlord?
15 February 2024 | 29 replies
They will likely be better behaved and take better care of the unit if they know.If its a MF and I'm in a different unit, I can see the benefit of being anonymous, but even then unless you are a total "hands off" LL and let a PM handle everything, then its hard to stay "hidden"
Anthony Bratina
Setting up an LLC
14 February 2024 | 3 replies
I met someone at a meet up who helps set up LLCs so you remain anonymous but he is not a lawyer.
Anthony Dupre
Land trust not available in CA?
14 February 2024 | 1 reply
When I asked about land trust for anonymity, he told me that CA does not have Land trust like other state.All this is the opposite of all the books and reading I was doing.
Jake Hill
LLC for liability protection
11 February 2024 | 7 replies
An LLC is useful for two things: anonymity and legal protection.
Ryan Fahey
Fannie Mae (Conventional) Loan and Wanting to Close with Land Trust
10 February 2024 | 9 replies
Transferring the deed around only serves to provide basis for using the LLC as an alter-ego.And, assumedly you want the anonymity from the WY LLC.
Caroline Gerardo
Many Times I Said Don't Waste Your Money on LLC Vesting. Now this:
11 February 2024 | 30 replies
Anonymity is only one small facet of asset protection.
Becca F.
LLCs and possibly losing step up basis
11 February 2024 | 8 replies
If I had my properties in a Wyoming LLC for anonymity and the property can't be traced back to me as the parent, aren't my kids inheriting this property through a business, the LLC (losing the parent-child transfer)?