Writing ยท Real Estate (general)

2025-03-06
๐“๐ซ๐ž๐š๐ฌ๐ฎ๐ซ๐ฒ ๐’๐ฎ๐ฌ๐ฉ๐ž๐ง๐๐ฌ ๐‹๐‹๐‚ ๐Ž๐ฐ๐ง๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ƒ๐ข๐ฌ๐œ๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž ๐‘๐ฎ๐ฅ๐ž โ€“ ๐๐ข๐  ๐–๐ข๐ง ๐จ๐ซ ๐๐ข๐  ๐‘๐ข๐ฌ๐ค? The U.S. Treasury just rolled back a key financial transparency rule, halting enforcement of the Corporate Transparency Actโ€™s requirement for LLCs and small businesses to disclose their true owners. Originally designed to combat money launderingโ€”especially in real estateโ€”this rule aimed to close loopholes criminals exploit. Supporters call this a win for small businesses and deregulation. Critics argue it weakens efforts to track illicit funds flowing through U.S. real estate. With over $2.3 billion laundered through real estate between 2015-2020, the stakes are high. What do you think? Smart deregulation or a step backward in fighting financial crime? https://lnkd.in/egkMr8Qc
Real Estate (general)

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