Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

32
Posts
1
Votes
Samuel Everett
  • McDonough, GA
1
Votes |
32
Posts

A Strategic Tale of Two Cities

Samuel Everett
  • McDonough, GA
Posted

Hello All!
I live in Georgia. I recently purchased a 3 yr old Wyoming LLC, for obvious reasons. I am researching some strategic and cost effective ways
(virtual office/ phone, mail forwarding, etc) to create a virtual HQ presence in Wyoming while tying my Georgia location in as a satellite office. Any suggestions would be greatly appreciated.

Most Popular Reply

User Stats

1,573
Posts
928
Votes
David Beard
  • Investor
  • Cincinnati, OH
928
Votes |
1,573
Posts
David Beard
  • Investor
  • Cincinnati, OH
Replied

Best asset protection laws. Per attorney Garrett Sutton, "Nevada and Wyoming have both statutorily enshrined the charging order as the exclusive remedy for creditors. Meaning that someone with a judgment against you can't force a sale of your property to collect. Instead they must by law wait for distributions to be made. This is not a satisfactory means for collecting money, and this is both both an aid toward discounted legal settlement (at, for example, perhaps 10 cents on the dollar) and a deterrent to litigation in the first place."

Loading replies...