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Updated over 5 years ago on .
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Wholesaling using Wyoming LLC
Hi,
I'm intending to set up an LLC early next year, and start wholesaling remotely in 2, maybe 3 states during 2016.
This is how I'll be working:-
- I find the leads.
- I pass these leads on to a JV partner in that state (wholesaler)
- He/She finds the cash buyer and assigns/double closes using a local Title Company
- My wholesaler receives the assignment fee.
- I invoice my wholesaler for 50% of this fee.
My question is:- Given that I'm only "invoicing" the wholesaler, do I need to register my LLC in any state other than the one where my LLC has been formed?
Thanks