Don't forget to file your BOI Reports by the end of the year

[John McKee]

If you own a business even if it's a pass through LLC for your real estate you have to file a BOI Report by the end of this year.

BOI stands for Benefit ownership information.  It's a one time free filing made to the FINCEN.  It's a pain in the butt, but at least it's a one time filing.  Bankers will be asking for proof of this filing as you get loans in the future.

https://fincen.gov/boi  

[Ronald Rohde]

BOI is paused again, different 5th Circuit appeal struck down the stay