Published On 3/14/2024
Bad news: Department’s Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking to combat and deter money laundering in the U.S. residential real estate sector by increasing transparency. Comments on the proposed rule are due within 60 days of its Feb. 16, 2024, publication in the Federal Register.
Good News: Anyone can comment until around April 15, 2024. I'm not sure if comment period is business day or just days past Feb 16.
Here is the link for more info:
https://realestateinvestingtoday.com/fincen-proposes-rule-to-combat-money-laundering-and-promote-transparency/