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1:15 serious 1:55 wyom 2:45 managed 4:30 who is the registered agent 5:15 5:35 who is incorporator/organizer 6:55 business address 7:30 address lookup 8:30 9:15 look at the small things

Clint It would be amazing to see a video on the banking aspect and corporate compliance on that exact structure. As what LLC needs accounts and how money moves through them.

@billytheweasel

2 жыл бұрын

I formed a double LLC through a registered agent but can't get a business bank account unless my name is on the account. That ruins my anonymity and I wouldn't be shielded from lawsuits. No?

@billytheweasel

Жыл бұрын

@AmericaIsWorthIt Yep, thanks! Bank Staff at one bank was able to do open the account in the LLC name after I showed the formation docs. Since this is the account that rents are deposited into I wanted it in the LLC's name.

The devil is ALWAYS in the details, but one thing I love that Clint pointed out in this video is the fact that often in these types of videos the presenter is presenting concepts, techniques and tactics. This is NOT the same as giving you a step-by-step breakdown that you can run right out and try to implement on your own. Rather, learn and understand the basics of these concepts, techniques and tactics so you can THEN reach out to the appropriate professionals who can help you navigate the details and set things up correctly per your objectives! Thanks again Clint!!

@ClintCoons

2 жыл бұрын

Thanks Steven. Great point.

I definitely need you to help me when I buy my rentals. Listening to you again. Thanks for all the great videos. I save them for future reference.

Greatest video out to walk you through the process AND tell you how others have gone wrong. Thank you!

GREAT EXPLAINATION! Thank you for sharing. Very thoughtful and detailed.

This is the only video I've found that has addressed all of this. Thanks for posting, it was immensely helpful!

@ClintCoons

2 жыл бұрын

You're very welcome!

Clint great info. Would love to know more on this subject great job on this.

I must say Thank You Very much for all your contribution(s).

Only way to stop/prevent a pandemic, great work Clint!

I had NO IDEA. oh my so thankful you waltzed across my feed. More....

He said, "if you're using legal doom instead of legal zoom." 🤣

@vjoneofficial

3 жыл бұрын

Clint needs a set for a stand up night.

@niyawarner7304

2 жыл бұрын

I’m going to need him to go more into detail on that.. don’t hold the important info 🧐

@blaakcoffee

Жыл бұрын

😂😂😂😂😂😂

@BPoweredLove

Жыл бұрын

*I mean, not "instead of"

@waltergalaga3379

Жыл бұрын

😂😂😂

Thanks for this! This covered a new layer of info I have been searching for. It's helpful to understand how the nuances may expose your info without you knowing it! Would also be good dive into this further. Things like who should sign the annual reports and amendment forms without exposing your identity, how to properly transfer title without trigger transfer taxes, etc., and what addresses you should use on the forms and if that is across all LLCs or per LLC. I would also love to know more about what other things creditors can and cannot find out about you.

Thank you, I learn a lot.

Thank you for the continuous free content 🙏 Much love

@ClintCoons

9 ай бұрын

You are so welcome

Amazing information. You are great! Thank you.

Excellent Clint! Thank you.

@ClintCoons

3 жыл бұрын

Glad it was helpful!

Thanks Clint for another fantastic video!!

@ClintCoons

3 жыл бұрын

Glad you enjoyed it

You're a monster with this, keep the info flowing!!!!

@ClintCoons

2 жыл бұрын

Thanks! Will do!

Thanks Clint soooo informative

Excellent advise Clint. Thank you.

@ClintCoons

2 жыл бұрын

Glad it was helpful!

Great Content, you answered quite a few questions I previously had. Thank you for your time and awesome content.

@ClintCoons

8 ай бұрын

Glad it was helpful!

This was great Clint. Keep up the great work.

@ClintCoons

Жыл бұрын

Glad you enjoyed it

Great info sir, thanks for having such an informative and concise video!

@ClintCoons

2 жыл бұрын

Glad it was helpful!

*Clint Coons* is the GREATEST on KZread for Business related videos. 90% of the information in this video I had no idea about

@ClintCoons

Жыл бұрын

Wow. Thanks.

Thank you for your presentation. I had no idea it could be so complex, even for avoiding that disgruntled person. I've got a bit of cleanup to do, then I can get restarted. Thanks again!

@ClintCoons

3 жыл бұрын

Glad it was helpful!

As I read the various comments below that folks have about existing LLC structures and especially the tax burden from the IRS. I completely understand why many real estate investors that have major dollars invested move their money to off shore islands that are tax havens as well as other protection too.

This was a very detailed video and understandable, thank you

@ClintCoons

2 жыл бұрын

Glad it was helpful!

A great video that learning a lot of knowledge about LLC pivotal.

@ClintCoons

2 жыл бұрын

Glad it was helpful!

Learn so much from your videos. Many thanks!

@ClintCoons

3 жыл бұрын

Glad to hear it!

Awesome videos! Thanks a ton.

@ClintCoons

3 жыл бұрын

Glad you like them!

Thank you, Clint, for this great info

@ClintCoons

2 жыл бұрын

Glad it was helpful!

Thank you so much!

Very informative as I was concerned about the bank wanting our information.

@ClintCoons

11 ай бұрын

Glad it was helpful!

I loved this video. It was so enlightening 🤩

@ClintCoons

2 жыл бұрын

Thanks

Thanks, Clint for sharing the asset protection strategies. regards

@ClintCoons

Жыл бұрын

Raj Salaria Thanks for watching.

Thank you. Very helpful.

@ClintCoons

2 жыл бұрын

You're welcome!

Amazing info Clint.

@ClintCoons

3 жыл бұрын

Glad it was helpful!

GREAT INFO CLINT.

@ClintCoons

2 жыл бұрын

Thanks 👍

Thank you for the great content you provide, always.

@ClintCoons

3 жыл бұрын

My pleasure!

@alliesteam9776

2 жыл бұрын

Yes, we like Clint Coons’ educational videos which are very helpful, practical, useful and high quality content. Thanks very much for sharing your expertise!

Very easy to understand.

@ClintCoons

2 жыл бұрын

Thanks Tammy.

Thank you for your work.

@ClintCoons

2 жыл бұрын

My pleasure!

This is exactly the scenario I have been looking for regarding anonymity LLC set up as well as setting up business bank account in state I live in vs state that properties I plan to invest in will be. Thanks, Clint! I look forward to my consultation with Anderson Advisors soon!

@ClintCoons

2 жыл бұрын

Karina Knighten Thanks for watching.

Great video and explanation

@ClintCoons

3 жыл бұрын

Thank you!

Great video. Make sure not to create a DBA with the first LLC or it will disclose the name and break anonymity.

Would love to hear more about your new out of state Florida RealEstate protection set up!

Still producing excellent videos. A+

@ClintCoons

3 жыл бұрын

Glad you think so!

As always, great content. There is understanding what needs to happen, and then there is the expertise to execute it. Get an expert! Is the video about avoiding Due on Sale still coming?

@ClintCoons

3 жыл бұрын

Yes. I recut it last Friday after doing some more research. Just waiting for my team to edit it.

Love your videos!

@ClintCoons

2 жыл бұрын

Glad you like them!

Huge Thumbs Up !

Good work

Great info thank you

@ClintCoons

Жыл бұрын

Lynne Wood Thanks for watching.

Thanks, Clint. These ideas seem realistically able to help become invisible to creditors.

@ClintCoons

3 жыл бұрын

Glad you think so!

Awesome videos !

@ClintCoons

3 жыл бұрын

Thanks!

You said it right, Legal 💣DOOM🧨☠️ Lol, Good stuff Clint! #AssetProtection

Great Stuff! Can you do a video on 1031 exchanges. And doind it from a Residential Property thats in your name to a Commercial Multifamily using a Hard-money lender to then rehab and refinance. When should one considered putting it in an LLC using the landtrust method? And how should one collect rents from tenants on the other units during rehab?

@ClintCoons

3 жыл бұрын

Yes that is a great idea. I will put something together.

Always so insightful Clint! Just had my first strategy session today after coming across your channel. 🙌🏽

@ClintCoons

3 жыл бұрын

Fantastic!

Excellent!

@ClintCoons

Жыл бұрын

Glad you liked it!

It would be useful to know how to do the accounting for the local red LLC when it is owned by blue Wyoming holding LLC. Also how to register local LLC with local tax agency. Many thanks for all your useful training!

Whoa, just fell down a rabbit hole. While I'm here, you have my full attention..

Hey Clint, can you do a video on "Anonymity Planning for operating Agreements LLc's?" your channel is great!! thanks

@ClintCoons

2 жыл бұрын

Oscar can you give me some more specifics about what is an "Operating Agreement LLC"?

OMG thank you so much Clint for this breakdown this is GOLD!! no one knows more regarding the subject of structuring asset entities for asset protection and anonymity than your business!! VERY WELL EXPLAINED!! I need your help I want to set up a free consultation with you. I want to know what I need to do, if it is possible to move my almost 2 year old CA LLC to Wyoming not for Real estate property. I work in the Tax overages in unclaimed overages business. If I do move it to Wyoming will I be anonymous? or should I just incorporate a new LLC in Wyoming.

@ClintCoons

10 ай бұрын

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

Awesome 👏

Phenomenal video. Exactly what I've wanted to learn. What's the yearly fee if you're my registered agent? and what do you charge for the articles? (WY)

@ClintCoons

2 жыл бұрын

$135 for RA. We can file the articles but what address do you intent to use for the company.

I love your Videos.

@ClintCoons

2 жыл бұрын

Thanks Helena.

I agree. A lot of crazies.

We like your useful presentations! We would appreciate knowing more about small office Bldg and more than 5 units residential apt building. What structure to set up in Delaware, how about statutory trust?

@ClintCoons

2 жыл бұрын

I like the WST or DST for holding real estate. Are you investing in DE?

Thank you.

@ClintCoons

2 жыл бұрын

You're welcome!

Thank you 😊would love to connect to learn more on how to protect my assets

@ClintCoons

Жыл бұрын

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

Great video. My question concerns anonymity with the checks I would be writing from my business accounts at the banks. I would have an LLC for my CA rental and the Wy holding LLC, both with bank accounts. Simple question: How do I fill out and sign the checks I may be writing from my expense accounts while keeping anonymity? Thanks in advance.

@ClintCoons

2 жыл бұрын

You would have an account in the name of the CA LLC and you would be the signer on the account. You would have to sign your name - there is no way around it.

I'm getting my first rental soon.🤔

Use a microcut or chipper paper shredder, not a cheap slicer shredder that produces long slices that are easily arranged back into the original page. You want a shredder that produces very tiny confetti.

@ban_tik_tok

Жыл бұрын

Haven't seen strip cut shredders in a while, cross cut seems to be the most popular nowadays. Staples has them for about 40/50 dollars.

Hey Clint, You did not address using AKA's to set up companies. I know for a fact most federal law enforcement agencies use AKA's( Also Known As) or ( PKA) when they are setting up shell companies. And the other thing you did not address is investigations undertaken by Dunn and Bradstreet and other credit rating agencies. When the company goes to apply for credit. Dunn and Bradstreet will require one officer to identify themself and that you provide a lease where the business is doing business at. Most banks want to see a DNB report when loaning to someone using an LLC. Also, DNB was one of the companies pushing for the Corporate Transparency Act. They are due to get a very large contract from FINCEN, this is the loophole that no one's talking about

@ClintCoons

3 жыл бұрын

Wayne you are correct. Anonymity and credit are not friends. I covered that topic in this video. kzread.info/dash/bejne/mq15xbKudNPNltY.html. Thanks for watching.

Great video as always. Could you do something for veterans about the VA loan, small business loan options, and if it’s possible to remain anonymous after using it. Thanks!

@robertmayo5268

3 жыл бұрын

I also am interested in this...

@ClintCoons

3 жыл бұрын

Great suggestion!

@olawrence9621

3 жыл бұрын

I am also interested in this. I Can't wait to see it

@willyjimmy8881

2 жыл бұрын

@@ClintCoons i'd also like a vid on this topic.

Mind blown

Hi Clint, great content in this video as always, can this model be use for ANY business? Thanks

@ClintCoons

2 жыл бұрын

No necessarily. If you are running an active business and looking to build credit, anonymity is not your friend.

so basically i can have florida llc owned by wyoming llc and use your wyomig principle business address in florida article of incorporation llc even if properties are in florida thanks

@ClintCoons

Жыл бұрын

yes

yes

I used an aka for the ra one time. Banks and marketing companies ASSUMED it was the owner.

I am getting ready to open a real estate wholesaling business soon. Do you have ideas on how to incorporate Anonymity on the BRRRR (Buy- Repair- Rent- Refinance- Repeat) Method ??? And which type of LLC should I use? LLC--> S-Corp is what I am thinking. Thank You!!!

@ClintCoons

3 жыл бұрын

Check out this video and I have a followup coming out in 2 weeks regarding the anonymity. kzread.info/dash/bejne/g3trx7uBhtCwmZc.html

Excellent

@ClintCoons

3 жыл бұрын

Thanks

Great video. One question for thought. As the LLC organizer don't they have some control over the entity?

@ClintCoons

3 жыл бұрын

No they do not.

@beetlebee5945

3 жыл бұрын

@@ClintCoons thanks!

Clint-Great video as usual! My wife and I are FL residents. If I create a SMLLC in WY (holding LLC) that owns individual SMLLC's in FL that owns real estate, will the courts in FL allow WY charging order protection?

@ClintCoons

2 жыл бұрын

Depends on the court and how you set up your LLCs. Make it a multi-member and have out out of state company (like Anderson) hold your LLC certificates. This is the best way we know of to get FL to respect the WY LLC charging order protections.

Thank you! I have made some of those mistakes with my first LLC under my holding company and I will be sure to correct them in the future! Question, is there any reason why I shouldn't use the property address for an LLC when I am forming it just to flip the home? So I start the LLC when I purchased the property, and I dissolve it when I sell the property. In the meantime I am managing the property's rehab, and getting the mail there. What do you think of that?

@ClintCoons

2 жыл бұрын

I agree with the strategy you outlined and I have used it myself on my own flips.

Thank you for this information its so valuable. What about annual filing of Statement of Information. If you file yourself does that expose your identity?

@ClintCoons

Ай бұрын

Yes it does. You should not file it yourself.

@TearsofJobs

Ай бұрын

@@ClintCoons thank you for explaining this for people.

Awesome thank you! What do you do if you have a company setup and the still make you the organizer of the llc? what to do then?

@ClintCoons

Жыл бұрын

Nothing. The organizer is permanent.

Hey Clint, could you address the subject of Certificated Ownership of LLC's with respect to creditors attempting to obtain a Charging Order. Specifically when Ownership Certificates are held in a jurisdiction outside the court's. I am thinking about Florida Real Estate investment strategies and outside liability protection.

What’s to stop an attorney from sending a subpoena to your firm demanding further disclosure?

@ClintCoons

3 жыл бұрын

Nothing but what would be the purpose of the subpoena? Also, anonymity is a smoke screen to discourage lawsuits.

Thanks for this video. It has lots of useful info. I had an additional question about the Wyoming LLC Articles of Organization. The form requires both a "Mailing address" of the LLC and a "Principal Office address". Can you use your mail forwarder address for both even though you don't actually do business or have an office at that address? How do you handle this? Thanks again.

@ClintCoons

3 жыл бұрын

Correct if the service you are using allows it. We provide both when we file the LLC.

@teachher2fish491

2 жыл бұрын

@@ClintCoons Yeah. I think I'm going to have to visit your website to see if I can even afford a branded mug from you let alone your expertise services🤣 I wonder how many hours at McDonald's, Burger King & Hooters I'll have to work in order to afford you..👈🏾👀🥺😭

Great segment really covers it all, Clint is right you can not do this all by yourself- some third parties help with registrations and addresses are needed to make your LLC anonymity bullet proof! Here is Question with a twist on this: Suppose I live in Kentucky. The property to be purchased is a vacation property in state of GA that I do NOT intend to rent. But I still want the anonymity. Can I just purchase the property with an anonymous WY LLC setup & maintained by a third party and leave it in there? Is the answer any different if I do want to rent it later but as a weekly lease (no long term tenants, just seasonal vacationers)?

@ClintCoons

2 жыл бұрын

Yes you can purchase it with a WY LLC. When you begin renting then you should FF in GA. If you still want anonymity you will need to add an additional WY LLC when you begin AirBnb

@angelspayments1487

2 жыл бұрын

@@ClintCoons thanks! In the weekly rental scenario what role does the additional WY LLC play? And it's relationship to the other LLC?

@ClintCoons

2 жыл бұрын

@@angelspayments1487 It does not have a roll with the tenant. It roll is to own the real estate rental LLC.

Great Tips!! Question, what address do you recommend putting on the Wyoming LLC checks when you want anonymity?

@ClintCoons

11 ай бұрын

A PO box or other address not associated to you. When my company establishes a WY LLC we provide our clients with a WY address for this purpose.

@philippedros7752

11 ай бұрын

@@ClintCoons thank you!!

Hello Kint! How much do you charge to create an LLC in Wyoming I just like the idea of Anonymity? Thank you

Great content. What is the cost to put this in place?

@ClintCoons

3 жыл бұрын

I answered in the other question.

Hi Clint, Appreciate your detailed videos. These are very informative. Question: Say I stay in Illinois, but open a WY LLC for anonymity with a RA and a business address in WY. Do I need to pay taxes in IL for the revenue I generate as my residence is in IL? In the even that I need to create a Foreign entity in IL, will it disclose my identity?

@ClintCoons

Жыл бұрын

Yes you will pay taxes in IL on the income generated by the WY LLC. If the WY LLC is not conducting business in IL then it will not need to register.

@tombanks4048

Жыл бұрын

@@ClintCoons do you have to make a foreign entity?

Planning to start a group home. I need thia but how do you market the businesses and remain anynomous

LLC overseas safer or US LLC? which one is better... Great videos

@ClintCoons

Жыл бұрын

Depends on how you will be using the LLC. I personally think Dubai is a great place to set up a foreign LLC.

Hi Clint, very interesting information, regarding maintaining anonymity you mentioned WY does not require personal information therefore they can't disclose it. What about the registered agent? If the RA is for a FL LLC, do the RA's have to disclose information if requested thereby forfeiting the anonymity?

@ClintCoons

2 жыл бұрын

You do not serve as your own Resident agent.

@27solares

2 жыл бұрын

@@ClintCoons No the RA in my case would be a CPA, would they be required to disclose information if asked?

@ClintCoons

2 жыл бұрын

@@27solares Only if subpoenaed

Great video Clint! I’m creating a LLC soon and want it to be one name as the LLC but for marketing purposes I’d like to be different name. I’ve seen companies do this. My reasoning is because I want my businesses to be under one umbrella but what’s the purpose for other businesses? And do you see any issues with it?

@ClintCoons

2 жыл бұрын

Not at all. File a DBA with the state or county - depends on where you are conducting business.

@edmarpedraza4001

2 жыл бұрын

@@ClintCoons thank you!!

@brandnewnew9905

Жыл бұрын

isn’t New Mexico the most private?

I understand about the subsidiary LLCs being member managed, with the sole member being the Wyoming LLC. But how should the Wyoming LLC be set up? Member-managed or manager-managed? And should you be a member, or a manager of the Wyoming LLC?

@ClintCoons

Жыл бұрын

The WY LLC is manager managed and you are the manager of it.