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Updated 4 days ago, 12/23/2024
Can a Wyoming LLC own an investment property in ANY state?
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