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All Forum Posts by: Alle Wong

Alle Wong has started 1 posts and replied 2 times.

Goals, Business Plans & Entities

Post: I reside in CA, but buying in Indiana. What's the best LLC?

Alle WongPosted
  • Posts 2
  • Votes 0
Quote from @Ki C Chan:

I will set up an LLC where your property is, buy the commercial umbrella as well as landlord policy. Then the member of the LLC owned by Wyoming LLC as a holding company. then trust own your Wyoming LLC But again please advise your real estate planing attorney

Since he lives in CA, would he have to pay the CA $800 for each LLC?


0 Votes
Indianapolis, Indiana
Tax, SDIRAs & Cost Segregation

Post: Wyoming Holding Company with CA and TX operating companies

Alle WongPosted
  • Posts 2
  • Votes 0

Hi, I have a holding company in Wyoming, that own real estate in CA and TX. The Holding Company has subsidiaries LLCs that manage/operate the properties in those states. I reside in California. Do I have to pay $800 x 3 or only for the CA LLC?

0 Votes