Tag: 2024 beneficial ownership rule

LLC Owners: Read About the 2024 “Beneficial Ownership” Filing Rule, and the 2025 Reporting Rule for Cash Home Sales

Oct 18, 2024

—

by

Deeds.com

in Real Estate

This year, the Financial Crimes Enforcement Network (FinCEN) announced a new rule on Transparency in Residential Real Estate Transfers. This is important to the owner of an LLC for real estate, and it’s triggered by cash transactions. Here are the basics you should know.