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Assembling property for development. Concealing ownership of certain assets. Keeping your name from appearing in certain public records.
by sseveran 9y ago
Assembling property for development. Concealing ownership of certain assets. Keeping your name from appearing in certain public records.
- icelancer 9y ago>Assembling property for development This is definitely the most common reason for anonymous LLCs. For elaboration, think about buying up a ton of crappy property in a specific area. Doing it all under a single LLC with traceable names can cause property agents and banks to notice and raise prices / hold out on existing property that the developer may need.
- bbanyc 9y agoIt predates the LLC era, but this was how Disney bought up its huge swaths of land just outside Orlando to build Walt Disney World. http://www.latimes.com/business/la-fi-disney-shell-companies-20160408-story.html http://www.latimes.com/business/la-fi-disney-shell-companies...