Would you like to learn more about protecting your assets? Schedule a free consultation here: https://aba.link/x3q
Watch my previous video about the reporting here 👉 https://youtu.be/gLTexo5Kavg
In this video, I dive into the government’s new regulations on tracking real estate transfers.
Learn What is Required to be Reported
FREE DOWNLOAD 👉 https://drive.google.com/file/d/1CUWRrar-RvgF_XnjvVdjQ0tYIBYxHj0b/view?usp=sharing
This isn’t just speculation—FinCEN has officially enacted rules requiring real estate transactions to be reported, especially those involving non-commercial financing.
I break down the key similarities and differences between these new rules and the Corporate Transparency Act, along with the potential workarounds to help you navigate these changes.
If you’re transferring property into any kind of trust or LLC, you’ll now have to report not just on yourself, but also on any other owners or beneficiaries of the entity receiving the property.
🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more!
Show Notes:
0:00 Intro
2:05 Reporting to FinCEN
4:43 Moving Property Inside a Trust
7:10 What Won’t Work
9:22 Key Aspects of Example Strategy
10:54 Sales and Exceptions
14:08 Final Notes
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FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/c1v
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FINANCIAL PLANNING & RESOURCES
Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/reh
📚 Order Your Copy of “Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors” Here: 👉 https://aba.link/nxtlvl
For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba
Here’s a little about me and my book Asset Protection for Real Estate Investors
https://aba.link/clintbio
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CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#fincen #fincenbeneficialownership #corporatetransparencyact
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