Clint, great video as always! For a CA resident-owned property in a CA LLC, the WY LLC is a member of the CA LLC, I believe the WY LLC needs to foreign file with the CA SOS as doing business in the state. Does that mean the anonymity shield is no longer there due to a statement of information collected by CA showing the WY member or manager's information?
It does not have to file with the CA SOS. We set these up all the time and local CPAs tend to mess it up with the filing requirement because they want to file the franchise tax return on-line rather than submit a paper filing.
Wouldn't they still be able to see that person has a mortgage in one's name? You can transfer the Deed into a Trust, controlled by a LLC, but if someone was doing an asset search, couldn't someone doing an asset search on you still find out that you control that asset by looking at the mortgage with your name on it (assuming that you still owe money on it)?
As of now, the CTA is only unconstitutional as applied to members of the NSBA as of March 1, 2024. (FinCEN’s position in its notice seems to imply that entities or persons that become members of the NSBA after the date of the March 1, 2024, ruling would be subject to the CTA.)
Do LLC's work the same way around the world? or do they differ country to country? Your channel is invaluable! How google listens to conversations, funny how you were referred in my links. Cheers and Blessings
Would this mean that because Anderson is listed as the owner of all assets that the blue and red boxes contain, that they have full control over them? Or is everything registered to the individual on Andersons books just not shown on the paperwork for the blue box registration?
@@lientran1550 Anderson is not listed as owner, but rather 'organizer' , Organizer is the one who files the formation documents. Then the organizer usually submits a document that ends that role.
Clint, but when you have to file taxes for blue box LLC, Tom would have to file it with his personal information such as Name and SSN, wouldnt that blow the anonymity?
When obtaining the IRS EIN for that hypothetical North Dakota LLC, how would you input the information? Would you put the Wyoming LLC’s information or the owner/manager of the Wyoming LLC’s information?
Can the Seller record the deed? (wanting to ensure the Seller exits the Tax roll for the property) Can the Buyer prevent the Seller from recording the deed?
I currently have a few LLCs in Texas. Using your suggestions in the video, Is it possible to still have anonymity if I do an amendment to the Texas LLCs and put the WY LLC as the owner? Or will my personal information will always be tied to those Texas LLCs?
What happens if you already own the property in your name and then you transfer it into the LLC. Seems like they could see old records that you used to own the property but now it was moved to an LLC. Wouldn't they just then assume that you moved it into an LLC to hide it?
@@ClintCoons Yeah, I guess they could. Might make them dig a little deeper if they see it is a Wy LLC. But probably a good reason to use the Wy LLC, because if they did dig deeper, with one from another state they would see your name. Signed up for one of your seminars. Looking forward to learning more about all this.
@@ClintCoonsDo you know that Jeff the Plain English Lawyer calls Legalize Word Salad and Gibberish, how can you install Latin Law Crime Interdiction Administrations to defend your clients without a basic understanding of the Latin Law?
You are aware that the reason they're doing this is because it's a treasure hunt and the treasury has unlimited access to this record information.@ClintCoons
