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Updated over 10 years ago,
Forming a California Based LLC (Simple Question)
Hello and good day.
I am in the process of getting some properties under contract and wholesale/quickturning those properties to my cash buyers and need to setup a California based LLC.
I am using Legalzoom. There is a question on the form that I am not sure how to answer.
It wants to know "Which of the following best describes your real estate business?"
The option i initially selected was "Selling property for others".
But as a wholesaler, I am not selling the property, I am selling the contact to my cash buyers. There is an option to select "OTHER". If I select OTHER what should I enter here?
Or does it matter and I can simply say I am "Selling property for others".
Any input or feedback would be appreciated.
FYI: I am picking the Gold Express package because it comes with the FREE PR Service to help promote my business. Plus it has some other benefits.
Thanks!