Advice on moving forward with title
I am looking to obtain anominity on my first deal. My question is it worth it and will there be tax benefits or would it be best to just put it on my name. Like what is the best way to move forward from a new investor about to close ?
Most Popular Reply
Anonymity is nice-to-have, not need-to-have on deal one; there's no built‑in tax benefit to an LLC by itself. If a lender is involved, closing in your personal name is often simpler and cheaper, then you can transfer to an LLC or land trust later if allowed. Early focus should be clean ops and risk control: strong lease, proper disclosures, solid insurance plus an umbrella, and fixing safety issues fast. If you still want privacy, consult a local attorney on entity plus registered agent options and confirm your loan's due‑on‑sale and transfer rules before you close.