this post was submitted on 15 Apr 2025
526 points (99.1% liked)

Trippin' Through Time

4690 readers
252 users here now

Tripping' Through Time

A Lemmy community for historic art pieces overhauled into modern memes.

Rules

  1. Only image uploads allowed
  2. Only edited, historical images may be shared
  3. The instance rules of https://lemmy.ca/

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 53 points 2 months ago (7 children)

Try tracking down ownership of the property a bank sits on.

It's wild. They'll buy it under an LLC they dissolve, and the ownership transfers to an heir LLC in another state that's also dissolved, rinse and repeat for 40 steps.

When I ask for a bank building to show proof of ownership in a development application, they usually just cancel the project because it'll take 8 months and 150 grand in lawyers' fees just to prove they own their own fucking building, and a new ATM lane just isn't worth it.

[–] [email protected] 17 points 2 months ago (2 children)
[–] [email protected] 4 points 2 months ago

It sounds like a tax dodge. New LLC in charge until just before the end of the tax year then it's wound down and the property moves to another

load more comments (1 replies)
load more comments (5 replies)