Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply
Incorporate LLC in Wyoming Vs Michigan?
Hi BP members,
I'm wondering if anyone can provide some real world practical advice on the pros and cons of registering my LLC in Wyoming (for charging order protection) versus registering my LLC in Michigan (my home state and the place I will be buying properties). My lawyer said that he has had clients with out of state LLCs that had issues getting approved for loans because "they were seen as a suspicious outside company buying up local assets". Thank you for the insights.
-Kevin
Most Popular Reply
Thank you @Scott Smith. That’s some great info. So much to learn here!