Does the LLC you put the house in, needs to register with FinCEN?
@STARFLEETC0MMAND13 күн бұрын
KZbin Academy Award For Best Comment.
@johnqlunchbucket12 күн бұрын
Yes, but it's been put on hold again. If your LLC holds any assets. That's what this is all about. Feds want to know who owns everything so they can confiscate it. This is a treasure hunt.
@stevenbingham306112 күн бұрын
Most likely. Review the BOI reporting requirements and exceptions on Fincen's site
@KYoss6814 күн бұрын
How would you insure a house you've set up as owned by a trust?
@GrandpasPlace14 күн бұрын
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.
@nunovurbiznis14 күн бұрын
How the the new corporate transparency act FinCEC Beneficial ownership disclosure come in place with this strategy?
@sterlingrooke471212 күн бұрын
BOIs on Hold AGAIN - 5th Circuit Reverses Itself on 12/27/24
@alexjones78458 күн бұрын
All of the boi info filed with fincen are only available to limited government purposes like law enforcement, none available to the public
@olund8811 күн бұрын
Problem arises when we need to have take loans or wyoming llc loans to someone. The deed of trust and realease of it have to be signed by the manager or a principal
@johnmollet263714 күн бұрын
Thanks Toby, and Merry Christmas everyone!
@barb870714 күн бұрын
How do we set up utilities, bank accounts etc that require a name and a physical address?
@GrandpasPlace14 күн бұрын
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.
@jimbruce457514 күн бұрын
Strategy
@barb870714 күн бұрын
@@GrandpasPlace thanks
@TobyMathis9 күн бұрын
Schedule a free consultation here: aba.link/6f1
@MichaelDillin9 күн бұрын
Please discuss prop 13 in California. I know a guy name Ed all he did was change the living trust and he lost his prop 13 three years later. He finally got it back after the lady at the county recorder or tax assessors office recognized him and they started talking about his mom who was a school teacher for 50 years she said I’ll fix it for you. Is there the potential to lose prop 13 if you transfer ownership to an invisible LLC?
@redaelkhadiji851013 күн бұрын
Hey Toby, something new was filed yesterday in court concerning the Texas Top Cop Shop case, is it true that they vacated the stay of the preliminary injunction? Thanks!
@NguyetNguyen-tj1wr12 күн бұрын
Love the info. Thx
@d.a.veneziano965112 күн бұрын
So what if you have property managers for the properties Couldn’t someone get your info from them !!!???
@RagsToRichesThrifting5 күн бұрын
Quick question because I'm hearing conflicting information, should/could you do this with your primary business that isnt in real estate?
@randomlyboredbylife14 күн бұрын
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!
@STARFLEETC0MMAND13 күн бұрын
KZbin Academy Award For Best Comment.
@merlinsreturn14 күн бұрын
Thank you so much for sharing your knowledge.
@301_BBQ_Company12 күн бұрын
Can you do this with your birth sertificate and ssn
@willmallory908514 күн бұрын
6:21 That's why people collect lotto winnings in LLCs. 😊
@margold1638Күн бұрын
Does this protects your assets from Medicade as well?
@fordracing33111 күн бұрын
Does this work if you have aging parent, hiding assets if they need to go into a nursing home?
@nolongerhave-couth477114 күн бұрын
Would this be valuable for lottery winners?
@Mcfly8682 күн бұрын
Step 1: win a lottery
@realestateguru876914 күн бұрын
So if your a sharp lawyer and find a Wyoming LLC ownership you realize you just hit 777 at the slots in Vegas😆
@turnovertheleaf550514 күн бұрын
What if there is a mortgage on the house?
@amarkmanpeters14 күн бұрын
Not searchable if you guarantee a mortgage held by a Trust, unless the Trust links you.
@All_Things_Digital14 күн бұрын
Thank you!
@patmazzucca392614 күн бұрын
What about signatures on Documents ?
@Gotfish14 күн бұрын
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?
@Wolfpacker14 күн бұрын
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.
@Gotfish14 күн бұрын
@ 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?
@STARFLEETC0MMAND13 күн бұрын
Can a brokerage account be placed in a trust ??? (So it can be invisible ???)
@nowonami252414 күн бұрын
when i file taxes, i have to name the properties which yield rent, right ? someone can get a hold of that ...
@FlorusLashawna14 күн бұрын
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?
@yartadee5014 күн бұрын
STRTEGY New subbie ✔️
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@Buddyelvis1-202214 күн бұрын
Strategy... We're making a RE company next year. We want you as our attorney office.
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@cranberryeater745914 күн бұрын
*Next video request* Discuss private vs public trusts
@commanderone750211 күн бұрын
Do you have an office in Florida where we can obtain consultation?
@TobyMathis9 күн бұрын
We operate in all 50 states. You can schedule a free consultation here: aba.link/6f1
@willmallory908514 күн бұрын
Thank you
@ShogunHull8 күн бұрын
Strategy.❤
@TobyMathis6 күн бұрын
Schedule a free consultation here: aba.link/6f1
@JM-kv2kn14 күн бұрын
Good Christmas gift to start 2025 more tax efficient! 💪
@joebroderick675112 күн бұрын
How do you disappear in the face of BOIR.
@pambennett89677 күн бұрын
It's so funny I haven't got a penny and I'm watching this
@Honuhawaii11 күн бұрын
🙏🏼strategy
@TobyMathis9 күн бұрын
Schedule a free consultation here: aba.link/6f1
@kastnostones7 күн бұрын
A junk debt buyer sought me out AFTER he learned I owned property (public info). Then got a default judgment without serving me. Took $27k off the sale of my home. Put ur house in a trust or LLC. Shameful crooks and judge!😢
@tracycaldwell17366 күн бұрын
On what grounds did he randomly do this? Were you trying to sell your home?
@Jon-ly1me14 күн бұрын
Strategy
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@andyboch563414 күн бұрын
Strategies
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@Shorty-jw6zw14 күн бұрын
I hope all of these NFL/NBA players see this
@Ry_The_Investor_Guy14 күн бұрын
Strategy.
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@AntoineC.FerbosI14 күн бұрын
I need more information. Subscribe. Thanks. Happy Holidays. GOD bless us all. 😇😇🕊️🕊️
@TheSmartLawyer4 күн бұрын
Bad advice to just form LLC and land trusts for your homestead, especially in Florida
@cynthialeveque66064 күн бұрын
Miost celebrities and wealthy people have their properties in a trust.
@johngetty518313 күн бұрын
STRATEGY
@TobyMathis12 күн бұрын
Schedule a free consultation here: aba.link/6f1
@LAKitchen14 күн бұрын
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?
@QargZer14 күн бұрын
Why would they need to disclose that info?
@amarkmanpeters14 күн бұрын
Only if you lose and a judgement compels you to identify assets, which is not usual.