3275 South Jones Blvd., Suite 105
Las Vegas, NV 89146
(702) 307-9500

Owning Property in Anonymity
01/02/2013

Are you or your company in the market to buy a high-end home?  If so, then it is probably safe to say that you and/or your company would like to keep the transaction as private as possible and away from the paparazzi.

To do so, we are recommending that you form a Nevada LLC to own the property.  According to the Wall Street Journal and Zillow data, over 27% of the US homes over five million dollars in value were bought by an LLC.

Obviously, the benefits of owning the home through the LLC are available such as limited liability, creditor protection and pass through tax benefits from expenses, maintenance, HOA fees, and management costs.

Every LLC must have a manager or managing member.  In order to keep you or your company’s identity private, we recommend that one of our Attorneys become the manager.  That way you have the protections of attorney-client privileges and the benefit of using our address to receive all the mail and taxing information regarding the property.  Moreover, we take directions from you regarding the ownership of the property and we owe you a high degree of fiduciary duty.  All of this for a modest flat fee.

If this is of interest to you, please contact our firm.

For more information contact us at office@fdlawlv.com.

TAX ADVICE DISCLAIMER: IRS Circular 230 Required Notice--IRS regulations require that we inform you as follows: Any U.S. federal tax advice contained in this communication (including any attachments) is not intended to be used and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or tax-related matter(s).