Anonymity Strategies for Real Estate Investors (YOUTUBE LIVE REPLAY!)

[@ClintCoons]

Do you want to learn more about this topic? Register for a free consultation today! aba.link/d307c0

[@therock1232100]

21:31 preexisting llc transfer into the anonymity strategy 31:33 Land trust and its use 39:00 trustee

[@GlennGrahl.official]

I noticed the video and audio is skipping.

[@coreyjosephguiliano1997]

Yea it’s a pain in the ass

[@seekellavation]

Ga Secretary of State does not require names of members for LLC. Additional information in the Articles of Organization is optional. Incorporator doesn't have to be a member. Register agent companies and virtual business address are fixes for the other issues. I love your work. It's inspiring what you are doing.

[@ClintCoons]

Seek ELLAvation Thanks for watching.

[@seekellavation]

@@ClintCoons I've been watching a lot. Your my mentor in my head. You've motivated me to do more!

[@Planetgreenzen]

This is awesome, thanks for putting this together.

[@ClintCoons]

Glad you enjoyed it!

[@albertb5863]

Good Job Clint that bit about lenders going on about your anonymity is true! I can vouch for that as I work with them every day.

[@ClintCoons]

Thanks

[@alliesteamc3546]

Mr. Clint Coons, thank you for sharing! Your video are very helpful, We have highly recommended your educational videos!

[@ClintCoons]

allies Team C Thanks for watching.

[@landonmuscle7515]

Thanks for the free knowledge & hacks.

[@ClintCoons]

You are welcome.

[@mcoinc3015]

Wow, that was truly divine intervention on that deed situation. This is a good organization!

[@kevint6569]

Thank you so much for all of the helpful information you are giving out. At 20:00 you described how a predator could make the connection between a pre-existing Red LLC and the Blue Box. Thus, exposing the other Red boxes. Couldn’t he make the same connection with a “New” Red LLC if the owner removed one of the properties to do a refi? The county record would show the grantor and grantee on the quitclaim. Then, just look up that LLC on the state site in order to find the Parent. Or am I over thinking this? Lol.

[@ClintCoons]

Possibly and this is why we would move to a trust after the refi. Great point.

[@kevint6569]

@@ClintCoons Thanks for the quick reply.

[@hobojohnson9980]

Sounds like your talking about a Living Trust which uses Grantor and Grantee as titles. You need to be clear about what kind of entities your talking about. As each entity has its certain ways of operation... and when discussing forming a "plan of action or structure" you really need to understand the variations between entity types. Also there are "business trusts" and some "Land Trusts" which do not use the terms Grantor and Grantee at all. Additionally, if your wishing to be private... its hard to do if your the Grantor... or you record your name as a Grantor or Grantee. This gives everything away right upfront. This is why you do not want to use a Living Trust if your intention is for anonymity. And if you actually have a situation which your trying to escape from... any competent attorney would follow the chain of title, and try to dishonor all transactions, and would likely succeed. That is why he said... you cannot use a Living Trust for protection setup as this, epically for confidentiality . Unless you inherited the property... at which you would not want to put any property into another Living Trust when you transfer title from the Living Trust. Nor would you want to take the property into your name. I'm not exactly sure how you would do this transfer. You would want for sure to have some good Title Insurance on such a Transfer. And make sure you had no liens or encumbrances (or even potential ones) against you when you did such a transfer. Additionally, this would be a good time to use the UCC-1 to encumber the title after you do transfer it. As the first one who encumbers the property using UCC is likely the one who will get the asset or portion of the asset. You would want to really spend some time to go over a situation like this. I have had problems with transactions like this before.

[@geofferyneiswender4181]

Can I put my personal mortgage in a land trust if there is already has a lien on it?

[@ClintCoons]

You can put the property but not the mortgage.

[@alliesteamc3546]

What about a bank account for the Wyoming LLC, any advice related to where the bank should be located and anything else to know?

[@ClintCoons]

I prefer to use a national bank where I have a personal account. You will need to provide your personal address when opening the account - do not try and use a WY address - unless you are in WY opening the account.

[@LizaMisch]

How many houses do I have to have to create an LLC? Also if you don't live in WY or DE how do you get an address?

[@ClintCoons]

I recommended one house per LLC. The fact you do not live in WY or DE does not impair your ability to set up an LLC in either of these states. All you need is a resident agent and a local address. When we set up a WY or DE LLC we provide an address.

[@ginacardarella]

I love your truthfulness 😉

[@ClintCoons]

Thanks

[@tony9305]

The glitching made it hard for me to follow all the steps. Forgive me though, I only made it through 3 years of college. Lol

[@Shauna9527]

Pl

[@thiago713]

Yes, the glitches made it hard to follow. Good material none the less👍

[@Jamminn555]

Incredibly useful insights. I'll call the office to schedule a consultation. Thank you! Btw what drawing/iPad app are you using?

[@ClintCoons]

I get that question a lot. I use the program named Flow by moleskin. It can be found in the apple stroe and is made for the Ipad. I do not know if the company makes a similar program for windows.

[@Jamminn555]

@@ClintCoons Thanks for that Clint.

[@Currygoatpapi]

Ok Question.When you Create your LLC to prevent your Assets from being Compromised. And your Personal Info used against you. Make sure you have a Registered state Agent. And label yourself as a Member of the Entity right ?

[@ClintCoons]

Yes you need an RA and you want a WY LLC as the member to keep your information private.

[@Currygoatpapi]

Ok & A New York State LLC wouldn’t provide the same Protection ?

[@luistmorquecho6064]

Hi Clint, I have a question . I want to go into the construction business, would you advise to do the same, to protect my self?

[@ClintCoons]

No. Most likely an LLC or corporation established in the state where you are conducting business.

[@luistmorquecho6064]

@@ClintCoons thank you very much for the information

[@dorothealivingthesimplelife]

once you have filed as a manager managed, can you change it to member managed?

[@ClintCoons]

Yes you can.

[@donrellbanks6417]

Great Information. Listen

[@ClintCoons]

Glad it was helpful!

[@alliesteamc3546]

Thank you for sharing ideas how to protect innocent people.

[@ClintCoons]

It's my pleasure

[@floridaman7283]

Great video! How do you select a manager for your manager managed LLC? Do you pick a friend or relative or can you list yourself as the manager? If listing yourself as the manager, does that completely negate your anonymity? Assuming yes but I'm not a lawyer :)

[@ClintCoons]

You would be the manager of your LLC. If you want anonymity then you will set it up as a member managed LLC. The member will be a WY LLC. You will me the manager and member of the WY LLC.

[@floridaman7283]

@@ClintCoons Thanks - I’m looking to setup the base entity as an LLC in Delaware. I have the RA lined up but am not sure who to list as the manager (I want complete anonymity). I have a meeting with your firm in a few weeks. Probably best I don’t setup anything until we speak.

[@ClintCoons]

@@floridaman7283 I agree. Wait until you have a strategy session.

[@antonyreid7008]

Good 👍 stuff!!

[@ClintCoons]

Thanks 👍

[@fr2034]

If you use the WY LLC as Trustee for Land Trust, how can you obtain Anonymity if you need to sign paperwork as "Manager" or "Officer" or "President", etc, etc

[@ClintCoons]

You wont have it when signing documents. Keep in mind the documents you are signing are typically not located in the public record. Can you think of anything?

[@fr2034]

@@ClintCoons The Deed of Trust that is signed must be signed by the Trustee. So when you sign by WY LLC as manager, your name appears on public record. Right?

[@ClintCoons]

@@fr2034 Yes a friendly lien would require the property owner to sign the deed of trust.

[@snowleopard7952]

Is RED LLC Member or Manger managed? Is BLUE LLC Manager or Member managed? Please Clarify. Thank You🌟

[@ClintCoons]

Red is member managed and the blue is manager managed in this video

[@markconway9949]

How would you take ownership (buy, deed, quit claim etc) property anonymously?

[@ClintCoons]

Buy in the name of an LLC with anonymity.

[@markconway9949]

@@ClintCoons Ok but what should the buyer be? The beneficiary? What about the land trust part? Thanks.

[@alotoflove5840]

What is undesirable about being transient?

[@dontaylor4053]

I have 3 partners, we have 1 (Wy LLC) taxed as a partnership for holdings and 2 local LLC's. 1 local for flips (taxed as s-corp) and 1 local for rentals (taxed as partnership) is it wise for all to have the same name with the ends different ie: brown holdings, brown investments, brown developments?

[@ClintCoons]

I replied to this same question posed on the Asset Protection for Your Personal Residence video.

[@williamjenkins7562]

If I transfer a duplex property I own into my LLC, will that become a taxable event in the state of Indiana?

[@ClintCoons]

Not at all.

[@michaelmessmer9096]

Wow. Very smart.

[@VladTN1977]

How about utilities and electricity? They demand lease agreement to connect? And if I use property for rental income, the county and city will assess higher tax?!

[@ClintCoons]

Not sure I am understanding your question.

[@alliesteamc3546]

Very ! Many thanks!

[@alliesteamc3546]

Very educational and clearly explained, thanks!

[@ClintCoons]

Thank you too!

[@JessMarshall]

Great Stuff man! Ryan Harper brought me on to you - Next time youre in Dallas would love to get you on my podcast!

[@ClintCoons]

For sure!

[@bluewavefilmsandmusic]

do you want music/ poetry for your podcast

[@orondedominique8306]

We are looking to purchase our first commercial property. We have two offers in on two different properties. Lenders are asking us for two year personal tax and business but we have not established a business LLC just yet. We want to create the business properly. We are in NC. 1. What do we do first in order to get the property into a business name and operate as a business? 2. With our name on the loan documents and the personal guarantee, will we loss anonymity in setting up our structure? thanks

[@ClintCoons]

I answered your other post with the same question here: kzbin.info/www/bejne/ZqHQfoh9aL-NhM0

[@LAKitchen]

Any way to avoid CA property tax reassessment when gifting rental property to kids? Transfer deed to LLC and then change trustee afterwards?

[@ClintCoons]

Prop 13 has an exemption to reassessment in a parent to child transfer.

[@rcruz401]

I just closed on a Commercial 7 unit Multifamily with Hard-money lender along with an executed 1031 exchange in my name. (Since I went from FHA Residential to Commercial) I am focused on the BRRRR strategy and would like to know if I should put the Property in an LLC NOW with Delaware as the member for anonymity or wait to do the cash out refi and then put it into the entity?

[@ClintCoons]

How was the down leg property held e.g., you name or an LLC?

[@rcruz401]

@@ClintCoons It was held in my name.

[@kimberleycarroll1077]

do I want to type c the land trust with the llc

[@ClintCoons]

What do you mean by type c?

[@gmx5051]

Is the blue box a holdings llc??

[@ClintCoons]

Yes

[@amazonlily0]

when investing in a real estate syndicate fund as limited partner(passive investor) , what would you put the tile under for asset protection purpose? Supposing these fund are structured under Delaware LLC?

[@ClintCoons]

A WY or DE LLC.

[@jawfitness]

thanks for the video. So, a couple things. I'm going to be a landlord soon and will begin my real estate portfolio. I like the idea of anonymity, but what about if I'm running a website for the purpose of collecting applications, displaying real estate/rentals, etc and wanting to brand/market myself? Would I need to concern myself with anonymity in that case? or would I be able to still run a brand/logo on the front end but still be able to have anonymity? Or maybe I'm being too overly concerned about this since I'm just going to be starting? Any suggestions or thoughts?

[@ClintCoons]

I would avoid anonymity for the brand company and instead use it for the rentals that you own. Its kinda hard to maintain anonymity when you are trying to brand yourself.

[@jawfitness]

@@ClintCoons thanks for your response

[@classicbusinessaudiobooks2818]

If I have a Wyoming holding llc and Oregon rental llc but live in California, do I need to pay California franchise tax? If yes would it make better sense to have my holding llc in California?

[@ClintCoons]

Yes you do unless you structure your ownership through a trust.

[@LimitedWarranty]

Thank you!

[@ewasterczewski-sellingthee3996]

Does this structure of blu box and red box belong to a real estate only or to maybe different types of businesses or also would the blue box be a place for all types of LLC (all types of businesses) i manage? For ex if i have 2 types of businesses that are not related to each other, can i put them under the anonymous LLC? Thank you

[@ClintCoons]

It works for anything. I tend to speak in terms of real estate but the strategy is sound for any business type.

[@ClintCoons]

It works for anything. I tend to speak in terms of real estate but the strategy is sound for any business type.

[@mariahmoonday]

Great information thank you!

[@ClintCoons]

Glad it was helpful!

[@gregm1733]

My Wy LLC would hold (as the member of) my CA LLC. I would have bank accounts in both LLCs. I don't have a management company - I pay contractors directly. How (or who) would sign the checks that I write without defeating my anonymity?

[@ClintCoons]

Yes you would need to sign the checks because you are presumably the only signer on the LLC bank account. There is no way around this but why would you need anonymity with your contractors? Aren't you the one who is negotiating with them on behalf of your LLC?

[@webbyweb6657]

This sounds a lot like the military. Cover, camouflage, and concealment

[@ClintCoons]

I like the analogy. Seal team 6 asset protection strategies.

[@mwfinancialholdingsllc2175]

Hmmmmmmmm lmao 🤣

[@jazzyphe17]

Can I have anonymity with a corporation? I don’t want an LLC because of the pass through.

[@ClintCoons]

No but you can set up an LLC to be taxed as a Corporation.

[@Back4WhatsMines]

Lol... I want that cooler 😂😂😂😂👍

[@jazdj04]

What if someone buys personal property in their name and then place in a trust??

[@ClintCoons]

What are you thinking - estate planning trust, privacy trust?

[@dishtech1257]

Question: Create a NM LLC where the members aren't reported, have it purchase a WY LLC Holdings, then dissolve itself after resigning as the WY LLC owner so that way nobody has the owner info. Practical?

[@ClintCoons]

I do not follow the question. What are you looking to accomplish?

[@dishtech1257]

@@ClintCoons Inside LLC protection. If somebody wanted to sue and subpoena the WY LLC nominee for owner information, the owner could never be found. I have a feeling there's an obvious contextual element that renders this approach impractical and I'm just not educated enough to recognize it.

[@ashburnconnecttv7860]

What is challenging orders?

[@tatsumakisempyukaku]

I think he said “charging order protection”. But maybe you’re referring to something else. See 23:47

[@ClintCoons]

The charging order is a remedy available to creditors of members in an LLC. The charging order (provided it is the exclusive remedy) prevents a personal creditor from reaching the assets of your LLC or forcing distributions.

[@yuliya212]

If you structure WY Manager Managed LLC, and you put yourself as a manager (vs your partner, you said the situation had run into some problems with creating accounts), wouldn't that expose you in WY LLC that is supposed to provide anonymity?

[@ClintCoons]

It does not expose you to the public. The bank is the only party who will be privy to your position.

[@yuliya212]

@@ClintCoons I thought the manager's name is public knowledge which is why originally name of your partner has been used?

[@kimberleycarroll1077]

I want to set up a trust with llc

[@ClintCoons]

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

[@classicbusinessaudiobooks2818]

And also what is a "principal"

[@LMays-cu2hp]

Thank you for this video.

[@ClintCoons]

Thanks for watching

[@LMays-cu2hp]

You are welcome.

[@QuaaludeCharlie]

Can People who are on SSI Have Anonymity and get Real Estate ? :\ QC

[@ClintCoons]

Not sure.

[@rightright6582]

Some lawyers have damaged proudly the reputation of the Profession(betreyal of clients etc), but this fellow here is somehow, bringing back hope to this Career...one may ask : is this his end game, passion or goal? So that he knows, on behalf of the audience, "if so the case, we support thr goal to repair the damaged done by some bad-hombres in this field", thank u, having said that, some Attorneys r not happy with his capsules... Recommendation at a greater global level: create a capsule(s) for Law students related to complex morality and value issues when it comes to transparency of strategies...as schools r not teaching the subject.

[@desiaclementslewis8318]

thank you

[@ClintCoons]

You're welcome

[@auctionman707]

Do you contribute money to the Wyoming LLC and then have your Wyoming LLC contribute that money into your State LLC? If you keep contributing money to your State LLC they will figure out you own it?

[@ClintCoons]

No one is aware of these transfers other than your bank.

[@LosAngelesFund]

Are you asserting that NM LLCs actually do recognize charge orders?

[@ClintCoons]

Yes but the statue does not make it the exclusive remedy see NM Stat § 53-19-35 (2019)

[@donireland6218]

Using the WY LLC Trustee solution, imagine the following scenario: tenant of 123 Main St Trust is injured. Tenant's lawyer checks county's records and finds that 123 Main St Trust has the WY LLC as Trustee. Lawyer digs a little deeper and sees that the same Trustee holds multiple properties. Won't the lawyer assume the trusts most likely have same beneficiary?

[@ClintCoons]

Attorney can assume anything and they typically do in my experience, but the trustee LLC is not the beneficiary of any of the trusts to that road leads nowhere.

[@donireland6218]

@@ClintCoons thanks for the reply. I realize they can assume anything they want. My concern was just that it would give them enough suspicion to continue to pursue ilthe issue. I had hoped there might be a way to avoid it somehow.

[@michaelmessmer9096]

I need you guys to get me straightened out.

[@ClintCoons]

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

[@MobileVisions]

Remove the ad option from KZbin, there is way too many ads and they are all that annoying high energy in your face how to buy property or make millions in the stocks... but content is great.

[@starr8111]

9:57

[@GrandMasterMishoe]

Hey Clint if I used your firm to set up a Wyoming LLC for me to act as a holding company for me. Would I need to use an Attorney lets say in New Jersey to set it up as a foreign entity for that state? I’ve watched a lot of your videos. That is the route I want to go because I plan on investing In NJ, and other states.

[@ClintCoons]

We can handle all of it for you. We set up entities in all 50 states.

[@anthonyc362]

What should a California resident do in this circumstance? ( I know, move) Someone is a qualified investor but an employee who has a plan to start investing as a limited partner in some private placements and doing some work with the goal of being a GP in the future. Should the person set up an LLC now? Is it worth the cost for tax and asset protection or should they wait? Can they write off education, travel and start up cost against their earned income from their day job ? What about depreciation, can that only be written off against earnings of one LLC and not income from a regular job as an employee? I can see your services worthwhile for someone who is established, but what about someone just getting started and moving from stocks to real estate investing in other people's deals?

[@ClintCoons]

Anthony this is more complicated than a short answer via youtube. If you would like a FREE 30-minute consultation, you can request one here and someone in my firm can review your situation. - aba.link/30minSession

[@starr8111]

44:00

[@fallenamerica1475]

Audio skipping sucks, these words are vital

[@starr8111]

14:50

[@glenmatthes8839]

I saw this in WSJ on Friday (Jan 1, 2021). Wondering how that will impact all these strategies going forward? "New rules intended to combat money laundering and the financing of terrorism-including measures to make company ownership more transparent-will go into effect now that the National Defense Authorization Act has been approved, advancing a yearslong effort by anticorruption advocates." "Provisions in the annual defense-policy legislation would require many U.S. companies to register their true owners-an attempt to discourage the use of anonymous shell companies for illicit means." "Publicly listed companies and many firms regulated by the federal government wouldn’t have to report. Nor would companies with more than 20 full-time employees, $5 million in annual sales and a physical place of business." I'm guessing most of us watching this don't have 20 full-time employees so there could be a serious impact to our efforts to remain anonymous.

[@ClintCoons]

I am cutting a video today on this topic and will post later in the week.

[@glenmatthes8839]

Awesome. Thank you!

[@michaellounds4203]

Am I the only 1 that is distracted by the clutching? Or is it my phone?

[@dirgesinthedark5637]

FIX AUDIO PLEASE

[@ClintCoons]

It was recorded via zoom and it glitched.

[@LAKitchen]

so, the whole purpose is anonymity for land trust, but when you immediately resign, the "new trustee" needs to file deed that puts their name in public record again? lol whats the point of putting your name in first place if you are resigning and new person needs to be listed

[@ClintCoons]

No the new trustee does not file the deed until the new trustee has to take action on the property e.g., refinance or sell.

[@nataliavgarcia8108]

Audio skipping too much. Please edit better next time. Thank you!!

[@ClintCoons]

Sorry for that but it was a youtube live event I.e., recorded via youtube.

[@OmerKhan1]

The video was great. I wonder if there is a way to put that Wyoming holding company/LLC into a revocable trust. My wife and I are Virginia residents and I don’t want her to be stuck in probate court if something happens to me.

[@ClintCoons]

Correct that is exactly what you should do to avoid probate.

[@starr8111]

@@ClintCoons can you do one like this on series llc's

[@starr8111]

50:00 😂

[@stevendebose7425]

Man there is some value in your information but the video quality is crap. Supper choppy. I hope this is just me.

[@rockybond5580]

Your not a Christian obviously. Listen to yourself, talking about hiding and deceptive practices. Woe unto you, lawyers! for ye have taken away the key of knowledge: ye entered not in yourselves, and that were entering you hindered. Luke 11:52.