The Importance of Using a Middle Initial on Contracts
Even if the name isn’t common, including a middle initial can help eliminate delays in clearing items that may pop up on title. Here’s why it matters
ICE AT THE PROPERTY
ICE activity at or near your rental property is stressful and fast-moving. This article provides practical compliance guidance for investors and property managers.
New FinCEN Real Estate Reporting Rule: What Investors Need to Know
Real estate investors should understand the new FinCEN Real Estate Reporting Rule. Learn how it affects LLC purchases, private lenders, and cash deals.
FinCEN’s New Real Estate Rule Targets All-Cash Deals: What Investors, Closers, and Title Companies Must Know
Buying or selling property through an LLC, trust, or other entity?
If you’re closing with cash, you’re now on the radar of the Financial Crimes Enforcement Network (FinCEN) — the U.S. Treasury agency that enforces anti-money-laundering (AML) laws.
Do You Really Need an LLC as a Real Estate Investor?
When setting up your real estate investing business, generally an LLC is part of the process. But its a lot more involved that gettting an EIN and registering with the state. Find out what you need to do.
What the Arizona Case is Really About
Arizona Attorney General Brings Suit Against Invstors Several real estate investors, title companies and attorney’s were sued by the Arizona Attorney General’s Office. See the 81-Page Clase Here. The case was not about Subject To, but rather it was about how people were treated. It was more about investors being Misleading. And here at MAREI, […]
UPDATE: Corporate Transparency Act
March 2, 2025On Sunday, March 2, 2025, the Secretary of the Treasury issued an announcement which dramatically changed the Corporate Transparency Act (CTA) and how it will be enforced. To understand how this came about, I went back and read the opening sections of the CTA and noticed that repeatedly, the CTA put all the responsibility […]
Lee Phillips Reminds us of the FinCEN Deadline
FinCEN – which requires the registration of all corporations, LLCs, limited partnerships, and other entities, along with information on all of their Beneficial Owners – is due by the end of the year. FinCEN has issued some delays for companies in areas that have been affected by hurricanes. See below for details. It is all a pain, […]
Lee Phillips on FinCen and Dormant Companies
As a business owner or someone managing multiple entities, it’s crucial to stay informed about the latest regulatory requirements. One such requirement that’s on the radar is FinCEN’s (Financial Crimes Enforcement Network) mandate for company registrations. If you’re like me and have a dormant or inactive company, you might be wondering whether you need to […]
Lee Phillips with a FinCen Update – Beneficial Ownership Interest
FinCEN marches on, and the American small business is being sucked into the trap. Beneficial Ownership Interest Registration is going to be a nightmare. Any time any tiny piece of information concerning any one owner changes, the company and its owners have 30 days to update the information. There isn’t any way to “unregister” an […]