(Back ground on the situation before I show the lawyers response/conclusion)
I am living in Canada and I'm trying to do my operational and legal due diligence before I go through with the disposition steps of virtual wholesaling which I have solely learned from people living in the US doing it state to state never personally being at the property. However my due diligence is purely focused on finding out what differs because I am in Canada trying to do it cross country and not living in the US doing it state to state... This is what a online attorney has told me (What do you guys think):
Lawyer: "It doesn't matter where you are. It matters where the property is".
Me: "it doesn't matter where you are. It matters where the property is" That is very very interesting... Are you telling me that being that I am in Canada across country, I can wholesale a property in Texas per say, the exact same as if I was living in Texas (and doing it all virtually without going to the property).
There aren't any laws or anything I need to worry about because I am living in Canada doing it across country?...
Lawyer: There are no laws that I am aware of that would make any difference where you are, with the possible exception of tax laws that may require greater withholding or other documentation to complete the transaction. What matters, as I and others noted, is where the property is. The laws of the jurisdiction where the property is located are what matters, and you will need lawyer(s) licensed in the jurisdiction in which each property is located.
Me: Ok thank you so much that is the re assurance that I needed. So one final question to 100% clarify Teri. So the way I have learned to do virtual wholesaling is via people living in the US doing it state to state without ever personally being at the property and most time out of there state. So what you are telling me is that I can apply everything that they are doing/that I have learned and will continue to learn and get advice on, and I do not need to worry about ANY differences legally etc being that I am cross country not just cross state? (other then taxes of course)
Lawyer: If you've already been working remotely, I know of no reason why your personal location would change anything, other than, as stated, possible tax issues and additional documentation requirements.