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Updated almost 5 years ago, 02/11/2020

User Stats

133
Posts
83
Votes
Mary K.
  • Rental Property Investor
  • Rockville, MD
83
Votes |
133
Posts

Fix and Flip LLC - Which State Do I Chose?

Mary K.
  • Rental Property Investor
  • Rockville, MD
Posted

Hi, 

I am doing a long distance fix and flip in a different state than the one I live in. I plan to purchase the property through an LLC and am wondering if it matters which state I create it in. She is in construction and will be paying for the repairs via her own business LLC so we will not be exchanging funds during the flip.

A quick google search says Wyoming has a lot of advantages.... wondering what BP folks think.

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