Buying and renting NYC apartments with Bitcoin: What the cryptocurrency-curious should know

Bitcoin and other cryptocurrencies are seemingly everywhere … platforms such as Coinbase  allow you to buy and sell cryptocurrencies using regular money from your … from a hole in the ground makes paying rent or buying an apartment with the stuff a tricky proposition Which brings …

By Nathan Tempey |April 4, 2018 - 1:00PM
The U.K. may start forcing foreign entities who own real estate to reveal their owners' identities

… that the buyers identity be disclosed to a law enforcement database I think thats a much more appropriate way to do … concern I think if buyers identities were put in a public database there would be pushback for sure says Leonard … identity of an LLC buyer needs to be disclosed to an FBI database thats one thing but place it on a public database

By Virginia K. Smith |April 11, 2017 - 1:59PM
What the latest crackdown on LLC buyers means for NYC real estate

… disclosures Initially the Treasury launched a pilot program in March in Miami and NYCtwo cities with especially … and Texas that tend to be popular with foreign buyers looking to stash their cash Additionally the government will … instead of $3 million in NYC As we wrote when the Treasury first instituted these measures there are plenty of possible …

By Virginia K. Smith |July 29, 2016 - 1:59PM
Should our co-op board let my neighbor turn their apartment into an LLC?

… The executor of the estate for one of the units in our coop building has asked the board for permission to convert the … not look favorably on a request to transfer shares into the names of such an entity This is because having a shareholder … subleasing rules as well as the possibility of the owner selling or assigning interests in the LLC says Reich leaving …

By Virginia K. Smith |July 27, 2015 - 1:59PM