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Buildings are often owned by an LLC that is created for the purpose of owning that one building. This would be difficult to implement.
by imgabe 7y ago
Buildings are often owned by an LLC that is created for the purpose of owning that one building. This would be difficult to implement.
- mikeyouse 7y agoThis is easily solved if we had the will to solve it via Ultimate Beneficial Ownership registries. There's no good reason to allow anonymous ownership of companies. https://en.wikipedia.org/wiki/Beneficial_ownership https://en.wikipedia.org/wiki/Beneficial_ownership
- sokoloff 7y agoAnonymous from whom? Anonymous from the government? Maybe I agree. Anonymous from anyone who is curious (or nosy, depending on your feelings about privacy)? I think it's none of your or any reporters' business how many shares of AAPL I own.
- mikeyouse 7y agoWe're not talking about shares of Apple, we're talking about who effectively controls LLCs and other corporations that are primarily used to shield the owners of real estate.. Your 23 shares of AAPL don't grant you effective control over Apple so it's not relevant.
- sokoloff 7y agoGP was talking about "anonymous ownership of companies". That's exactly what me owning shares of AAPL is. (Parent post was substantially edited after this comment, so it makes less sense now.)