How does the new BOI reporting requirement affect the privacy of the proposed setup? Wouldn't a federal law compel even WY LLC beneficiaries' to report their personal information, making it all moot? Thanks for the provided info, nevertheless! It's all very interesting and informative!
Well, bank accounts are in the LLC name, utilities are in the tenant's name. I would also note that Utilities are not, to my knowledge, public record. I would also have the utility bills sent to a PO Box.
Ok, lots of people cover this on youtube and the information is good. Im wondering what you can do for vehicles, cars, boats, RV's, etc. to keep your name out of the record.
I apologize if I sound like I don't know what I'm talking about since I don't know. With a Wyoming LLC or Land Trust, when you get rental income from your properties, how can you yourself withdraw rental income without exposure to creditors or lawsuits tracing it back to you? And if you do get rental income, wouldn't you have to list that as 1099 income or W2 income and risk even more exposure and link to that Wyoming LLC or Land Trust?
I think you are confusing hiding your name in the trust/llc from people searching on the internet with your IRS filings, which arent public record. If someone releases your info from the IRS without consent, that is a felony.
@ I get that. But what I’m asking is that when you are being sued or during bankruptcy, they will ask you for all your bank statements. If your bank statements reflect your rental income coming in from your Wyoming LLC or Land Trust, wouldn’t that expose your or let’s say open the corporate veil of your anonymous Wyoming LLC? Or at the very least they will become more curious?
I really appreciate your efforts! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
I think the Posters Personal Assistant Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
Can't others steal your property with all this obscurity? also, doesn't anyone who gets sued have to disclose all their beneficial interests in property even through entities?
Does the LLC you put the house in, needs to register with FinCEN?
How the the new corporate transparency act FinCEC Beneficial ownership disclosure come in place with this strategy?
How does the new BOI reporting requirement affect the privacy of the proposed setup? Wouldn't a federal law compel even WY LLC beneficiaries' to report their personal information, making it all moot? Thanks for the provided info, nevertheless! It's all very interesting and informative!
How do we set up utilities, bank accounts etc that require a name and a physical address?
Well, bank accounts are in the LLC name, utilities are in the tenant's name. I would also note that Utilities are not, to my knowledge, public record. I would also have the utility bills sent to a PO Box.
Strategy
How would you insure a house you've set up as owned by a trust?
So if your a sharp lawyer and find a Wyoming LLC ownership you realize you just hit 777 at the slots in Vegas😆
6:21 That's why people collect lotto winnings in LLCs. 😊
Thank you!
Thanks Toby, and Merry Christmas everyone!
STRTEGY New subbie ✔️
What if there is a mortgage on the house?
Not searchable if you guarantee a mortgage held by a Trust, unless the Trust links you.
Thank you so much for sharing your knowledge.
Thank you
*Next video request*
Discuss private vs public trusts
Good Christmas gift to start 2025 more tax efficient! 💪
Strategy... We're making a RE company next year. We want you as our attorney office.
Would this be valuable for lottery winners?
Ok, lots of people cover this on youtube and the information is good.
Im wondering what you can do for vehicles, cars, boats, RV's, etc. to keep your name out of the record.
when i file taxes, i have to name the properties which yield rent, right ? someone can get a hold of that ...
I apologize if I sound like I don't know what I'm talking about since I don't know. With a Wyoming LLC or Land Trust, when you get rental income from your properties, how can you yourself withdraw rental income without exposure to creditors or lawsuits tracing it back to you? And if you do get rental income, wouldn't you have to list that as 1099 income or W2 income and risk even more exposure and link to that Wyoming LLC or Land Trust?
I think you are confusing hiding your name in the trust/llc from people searching on the internet with your IRS filings, which arent public record. If someone releases your info from the IRS without consent, that is a felony.
@ I get that. But what I’m asking is that when you are being sued or during bankruptcy, they will ask you for all your bank statements. If your bank statements reflect your rental income coming in from your Wyoming LLC or Land Trust, wouldn’t that expose your or let’s say open the corporate veil of your anonymous Wyoming LLC? Or at the very least they will become more curious?
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I really appreciate your efforts! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
I think the Posters Personal Assistant Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
Coach Hilder is definitely the best so far. she always surprises me with amazing results.. We also plan to surprise her. You must have heard of it.
You can also reach her on
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I need more information. Subscribe. Thanks. Happy Holidays. GOD bless us all.
😇😇🕊️🕊️
Can't others steal your property with all this obscurity? also, doesn't anyone who gets sued have to disclose all their beneficial interests in property even through entities?
Why would they need to disclose that info?
Only if you lose and a judgement compels you to identify assets, which is not usual.
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