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IBC Trust /Corporation
Can an IBC a "foreign enity" own real estate in america.
IF so, how?? Most the time if you try to use a corporation to buy your properties. This takes it out of your "statutory name" and puts it in the "corporate statuary name" giving you some level of protection.
However as everyone knows even if you buy houses in a corporate name , corporate names still require a TIN instead of a SSN... So if you had a disgruntled person, they couldnt sue you, but they could still sue your corporation and take your property..... It is often stated that Offshore companies are completely private and your name is not listed in any databases onshore. Would they just sue your IBC instead of and onshore "copration" and still take your assests. I wouldnt even know where to begin putting real estate in an IBC.. The corporation process is pretty straitfoward, but What identifiers do mortagage companies use for IBCS being that the IBC is tax exempt, since it is offshore..
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