As a Major League Baseball player, your life is in the public eye, and with fame comes the challenge of protecting your privacy. When purchasing a home after signing a contract, keeping your personal details, including your name and address, out of the public record is crucial for both privacy and safety.
When you purchase a home, the transaction is typically recorded in the county clerk’s office, which makes the deed—showing your name and address—available to the public. To protect your privacy, consider purchasing the property through a Limited Liability Company (LLC) or a trust. This way, your personal name isn’t linked to the property in the deed, keeping your information private.
However, it’s important to note that the entity structure you choose can impact your ability to claim the property as your primary residence, which may affect tax benefits like homestead exemptions or certain deductions. If you purchase the property through an LLC or trust, the property may not qualify as your primary residence for tax purposes, as these entities are often considered separate from your personal affairs. Therefore, if claiming the property as your primary residence is important for tax reasons, it’s essential to consult with an attorney or tax advisor to ensure that your entity structure doesn’t conflict with this goal.
It’s also advisable to consult with a real estate attorney who can guide you on the best methods for protecting your identity when buying property. Additionally, using a representative or real estate agent to handle the transaction for you can further help shield your details from becoming public.
Even if you take steps to keep your name off the public deed, your address could still be easily accessible online. Many websites aggregate public records, making personal information like addresses and phone numbers readily available. Additionally, social media posts can inadvertently expose your location, especially if you share images or check-ins.
Protecting your privacy as an MLB player is vital for both personal safety and peace of mind. By purchasing property through an LLC or trust, opting out of data aggregator websites, monitoring your social media, and using privacy services, you can significantly reduce the risk of exposing your address and other personal details. While complete privacy may be impossible, these steps can help you maintain control over your personal information and enjoy your success with greater security.
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