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Updated almost 3 years ago on . Most recent reply

Jay Sheth's profile image
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Jay Sheth
  • Realtor
  • from Fremont, CA
  • Member since Oct 1, 2020
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Jay Sheth's profile image
Jay Sheth's profile image
Jay Sheth
  • Realtor
  • from Fremont, CA
  • Member since Oct 1, 2020
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Jay Sheth
  • Realtor
  • Fremont, CA
14
Votes |
60
Posts
General Real Estate Investing

Legal entity Nevada LLC/Wyoming LLC/Alabama LLC

Jay Sheth
  • Realtor
  • Fremont, CA
Posted

Hi All

We are planning to buy to SF rental properties homes in Alabama and we live in California. We wanted insight as to which the best structure in which we should the properties:

1. Nevada LLC registered as foreign entity in Alabama and hold property under a land trust

2. Directly have an Alabama LLC

3. Wyoming LLC registered as foreign entity in Alabama and hold property under a land trust

Thanks,

Jay

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John Patton's profile image
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John Patton
  • Investor
  • from Birmingham, Alabama
  • Member since Mar 24, 2016
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John Patton's profile image
John Patton's profile image
John Patton
  • Investor
  • from Birmingham, Alabama
  • Member since Mar 24, 2016
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John Patton
  • Investor
  • Birmingham, AL
206
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315
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John Patton
  • Investor
  • Birmingham, AL
Replied

@Jay Sheth

You need to ask Denise Evans. She is the authority on Alabama real estate law. Good luck.

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