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Updated almost 6 years ago on . Most recent reply

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20
Posts
16
Votes
Lynette D Nickleberry
  • Rental Property Investor
  • Adirondack, NY
16
Votes |
20
Posts

So glad I incorporated!!(?)

Lynette D Nickleberry
  • Rental Property Investor
  • Adirondack, NY
Posted

Trying to decide if it's time to incorporate as an llc. Share accounts when having an LLc has worked to your benefit. Moments when you said, "soooo glad I incorporated!"

Thanks!

Most Popular Reply

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1,067
Posts
933
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Scott Smith
  • Attorney
  • Austin, TX
933
Votes |
1,067
Posts
Scott Smith
  • Attorney
  • Austin, TX
Replied
Originally posted by @Bernard Reisz:

@Scott Smith What makes Wyoming the most anonymous of states?

When you establish a Wyoming LLC they set it up so that your name does not appear on public record. People can still go through discovery to establish you as the owner of the LLC, however, that involves discovery costs and deters some law suits. Each state has different requirements and will treat their own LLCs a little bit differently, which means some states are more appealing than others in regards to real estate investors. This article can explain some of the benefits of a few of the states.

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