People who purchase property through a Limited Liability Company (LLC) often do so to maintain privacy and limit personal liability in the event of lawsuits, divorces, or other legal matters. Owning property under an LLC is a common strategy for celebrities, high-profile individuals, and anyone who values discretion, as the LLC, not the individual, is publicly listed as the owner.

However, there’s a simple yet common mistake that many people make when forming an LLC, which can inadvertently expose their identity to the public.