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Buying Property Anonymously...
...Can it be done?
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well no. You can open escrow, but not close anonymously. Or you can purchase out of escrow, but you still must file.
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Form a trust?
A corp or LLC can, of course, buy property, but the financing is a lot more stringent. But if have cash, an LLC is cheap. (FYI, while everything I said above it potential true, you really should check with someone who knows WTF they're talking about....and that ain't me.) |
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Why risk it, buy it after the divorce unless you think she's gonna clean you out then I say go for it.
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Through a family trust? Best, Easiest way to protect your assets.
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In my recent travels I ran across some absolutely gorgeous acreage for sale. I was thinking of purchasing 20 acres to build an off the grid forever home type setup. Of course, I'm not looking to avoid property taxes or anything just increased privacy so people can't look me up over the internet. Currently if you knew my name (or even address) you could find my address (or name), when I bought the home, how much I paid for it how much property taxes I pay, whether I'm current, All documents, including signatures are available. So trying to protect against that. Maybe not even worth it but was just a thought.
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You could use a straw man (if legal in your state) then have put in a LLC, LLLP. Taxes have to be paid but can be paid by anyone. An address will need to be given but could use the address of the property maybe a p o box or mail services business. Talk with a real estate lawyer. Not just a lawyer.
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Quote:
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It's done all the time. Most often by LLC's. Many times Sellers will ask for premium prices for deep pockets.
Often the large guys have their brokers put Real Estate under contract personalty and then assign the contracts to the clients. The fortune 500 do it daily, big fish in little ponds do it as well. Look for the offering party : Bob Smith and or assigns. It's legal in most states. Check with your local R/E attorney. |
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