How to Keep Your Home Ownership Private

TLDRLearn how to remove your name from the public record associated with your property and keep your home ownership private.

Key insights

🔒Keep your name off the public record associated with your property by using a land trust or an anonymous LLC.

🏠Changing the legal title of the property ensures that your personal name is not associated with it.

⚖️Protect yourself from legal risks and safeguard your privacy by using legal entities to hold the property.

🔍Prevent unwanted attention or harassment by keeping your name off the searchable public record.

🤝Collaborate with professionals or trusted individuals to act as trustees or beneficiaries of the property.

Q&A

Why would I want to keep my home ownership private?

Keeping your home ownership private can protect your privacy, prevent unwanted attention, and maintain confidentiality in sensitive situations.

How can I remove my name from the public record associated with my property?

You can achieve this by using legal entities like land trusts or anonymous LLCs to hold the property and changing the legal title.

Will removing my name from the public record affect my mortgage or tax benefits?

No, it will not impact your mortgage or tax benefits. The structures mentioned protect your rights and exemptions.

Can I still claim the capital gain exclusion and homestead exclusion on my property?

Yes, you can still claim these exclusions as the beneficial owner of the property, even if your name is not on the public record.

What if I don't want to use an anonymous LLC or a land trust? Are there other options?

Yes, you can use a third-party, such as a lawyer or relative, as the trustee to hold the property and keep your name off the public record.

Timestamped Summary

00:00Learn how to remove your name from the public record associated with your property and keep your home ownership private.

03:12Discover the benefits of keeping your home ownership private, including protecting your privacy and maintaining confidentiality.

05:53Understand the use of legal entities like land trusts and anonymous LLCs to keep your name off the public record and protect your home ownership.

09:45Learn about the legality and effectiveness of using a third-party, such as a lawyer or relative, to act as the trustee and hold the property on your behalf.

11:02Ensure that removing your name from the public record does not affect your mortgage, tax benefits, or your ability to claim capital gain and homestead exclusions.

12:42Share the video if you find the information helpful and leave suggestions for future topics in the comments.