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Hey guys. In this video, Im going to cover what the Corporate Transparency Act means to your LLC operating agreement. You know, this federal law is going to go into effect at the end of this year, and you should be planning now to update your LLC operating agreement to make sure youre in compliance. Now, if you want to learn more about how to properly structure your limited liability companies or real estate investments and protect your assets, you can register for a free tax and asset protection live event at the link below. But right now, lets dove into the rules that you need to know about right now in updating your LLC to be compliant with the Corporate Transparency Act. All right. So if youre not aware of the Corporate Transparency Act, what rock have you been under? Listen, this is a new federal law that has gone into effect that requires all business entities, what we call reporting companies, to report not only on the business entity itself, but also on the beneficial owner
