
22 October 2024 | 18 replies
Form an asset protection plan that's so complexed it must be described in flow chart form and must include a Wyoming LLC, otherwise what's the point if they aren't "anonymous"?

21 October 2024 | 13 replies
Quote from @Ross Kane: To expand on the LLC protection theory:An LLC is useful for two things: anonymity and legal protection.

20 October 2024 | 13 replies
Folks use an LLC for anonymity and liability protection.

20 October 2024 | 147 replies
Let's be honest though, "countless" could also be called "ones and ones".As for my anonymity, what difference would that make?

18 October 2024 | 6 replies
I recommend at least 3 different states and 2-3 countries need to be involved if you want true anonymity and protection. :).

16 October 2024 | 4 replies
I'm curious about the proper legal structure and business types one should use to minimize personal liability as well as remain fairly anonymous to the general public.

14 October 2024 | 9 replies
Also, how does this anonymity strategy prevent a claim from being filed in the event a liability event were to exist?

15 October 2024 | 34 replies
You are anonymous and have no evidence of anything that you say.

15 October 2024 | 26 replies
I gathered all my notes in a 50+ pages document touching on the formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.Doc: https://www.biggerpockets.com/files/user/CosIorg/file/tritoriam-fileAsset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagram (this is more of a joke depicting the nebulosity of asspro rabbit holes).How a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures (overwhelming and overkill for a newbie in REI)PS.

12 October 2024 | 7 replies
It's very possible he's just trying to add a little more anonymity.