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Updated about 5 hours ago, 12/20/2024

User Stats

119
Posts
59
Votes
Dan N.
59
Votes |
119
Posts

Can a Wyoming LLC own an investment property in ANY state?

Dan N.
Posted

I am getting conflicting information from 2 entities that help create LLCs

The property I am buying is in Arkansas, but I want to open an LLC in Wyoming

One entity that helps creates LLCs is telling me that the WY LLC can own a property in Arkansas.

Another entity that helps creates LLCs is telling me that the WY LLC cannot own a property in Arkansas, and I will need to create another LLC in Arkansas and the WY LLC will own/manage the Arkansas LLC.

Can anyone who has actually created a WY LLC and used it to purchase property elsewhere answer this question for me please?

Thank you

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