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Buying Property Anonymously...
...Can it be done?
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06-29-2015, 04:06 PM
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Registered
Join Date: Oct 2004
Posts: 15,612
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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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06-29-2015, 04:07 PM
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Slackerous Maximus
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,187
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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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2022 Royal Enfield Interceptor. 2012 Harley Davidson Road King 2014 Triumph Bonneville T100. 2014 Cayman S, PDK. Mercedes E350 family truckster. |
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06-29-2015, 04:10 PM
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Pete 79 911SC RoW "Tornadoes come out of frikkin nowhere. One minute everything is all sunshine and puppies the next thing you know you've got flying cows".- Stomachmonkey |
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06-29-2015, 04:21 PM
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The Unsettler
Join Date: Dec 2002
Location: Lantanna TX
Posts: 23,885
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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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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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06-29-2015, 04:30 PM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,419
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Through a family trust? Best, Easiest way to protect your assets.
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- Peter |
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06-29-2015, 04:46 PM
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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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06-29-2015, 05:21 PM
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Registered
Join Date: Dec 2005
Location: Pine Mountain Georgia
Posts: 844
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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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1990 Wanderlodge PT-40 75 911S Silver Anniversary 1952 MGTD 1983 Mercedes 300 TD 1969 Lincoln |
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06-29-2015, 05:35 PM
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Registered
Join Date: Mar 2003
Location: Charlottesville Va
Posts: 5,798
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Quote:
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Greg Lepore 85 Targa 05 Ducati 749s (wrecked, stupidly) 2000 K1200rs (gone, due to above) 05 ST3s (unfinished business) |
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06-29-2015, 05:39 PM
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Registered Abuser
Join Date: Jul 2007
Location: Southwest Montana
Posts: 2,738
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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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MT 930 1987 930 - Gone but not forgotten A man with priorities so far out of whack doesn't deserve such a fine automobile. I would rather wake up in the middle of nowhere than in any city on earth - Steve McQueen американский |
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06-29-2015, 06:35 PM
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1979 Porsche 911SC
