What Business Owners and Real Estate Investors Must Know About FinCEN’s Real Estate Reporting Rule
• The property is residential real estate. This includes single-family homes, condominiums, townhomes, cooperative units, and residential vacant land intended for housing. • The transfer is nonfinanced. This means there is no traditional mortgage from a regulated financial institution. Cash transactions and privately financed transfers typically qualify. • The buyer/transferee is an entity or trust. The transferee must be an LLC, corporation, partnership, trust, or any other legal entity EFFECT ON ENTITY OR TRUST If your entity acquires residential property, you must disclose both entity information and beneficial ownership information, including:
If you own residential real estate in an LLC, trust, or other entity, there is a new layer to every transfer you cannot ignore. Starting March 1, 2026, certain nonfinanced property transfers must be reported to FinCEN at closing. This does not change what you can own or how you structure it. It simply adds a new reporting step when you move property into or between entities. FINCEN REPORTING RULE The FinCEN real estate reporting rule is part of a broader federal effort to increase transparency in property ownership. It requires reporting for certain nonfinanced residential real estate transfers where the buyer is an entity or trust. Administered by the Financial Crimes Enforcement Network (FinCEN), it is designed to track ownership and reduce misuse of anonymous structures. For business owners, this means that entity-based real estate transfers now come with added federal disclosure requirements at closing. REQUIRED FINCEN REPORTING A FinCEN real estate reporting obligation is triggered when all three of the following conditions apply:
• Legal entity name • Business address • Jurisdiction of formation •
EIN (Employer Identification Number)
Even single-member LLCs must be reported separately.
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SUDOKU
Grilled Whole Chicken and Vegetables Ingredients
• 1 whole chicken • 1 lemon, halved • 2 tsp onion powder • Salt and pepper, to taste • Extra-virgin olive oil
• 3 bell peppers, quartered • 1 zucchini, sliced • 1 summer squash, sliced • 2 red onions, quartered
Directions 1. Turn the grill on high heat. 2. Using kitchen shears, cut along both sides of the chicken’s backbone and remove it. 3. Turn the chicken over on a baking sheet and press it flat. 4. Squeeze the lemon over the chicken and season with onion powder, salt, and pepper.
5. Brush the chicken and grill grates with olive oil. 6. Place the chicken skin-side down onto the grill.
7. Grill for 12–15 minutes until charred. Flip the chicken and grill for 25–30 minutes. Flip it again and let it cook fully before removing from the grill and letting it rest. 8. Season the vegetables with salt and pepper, then brush them with olive oil. 9. Grill the vegetables for 6–7 minutes, until tender. Enjoy!
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