All Forum Posts by: Account Closed

I am looking to buy a single family long-term rental in the San Antonio, TX area. In reviewing the current inventory, both for sale and for rent, it appears that there is an excess of homes available in the area. Many homes have sat on the market for a while. Any San Antonio folks able to share insights on what may be going on? 

Wise and Relay are supposed to be good options for online banking.  I am researching Wise.  Great to know about Wells Fargo!

 No, they want me to report less than the required info(per the federal government, as I've understood the text I've copy/pasted directly from their website).  This is my issue.

I am not upset that I need to report my business/personal info.

Hello anyone have a business bank account in their home state for a WY LLC.

We have a LLC set up in WY for our family management company. I set it up there for the privacy that WY offers from 3rd parties. As a holding co in WY used only to move money no service is actually provided in either state related to this business, I was trying to set my business bank account in FL my home state and my "national bank" will not allow. They require the business to be registered in FL to have a business account. Has anyone encountered this issue or know of any other way to go about this or even have someone they can recommend we reach out to? We do have an attorney working as our RA in WY as well.

Thank you

Keri

All, I have formed 2 LLCs: 1) manager managed (parent), called LLC A; 2) member-managed called LLC B. My wife and I are managers/members of LLC A and LLC B is member managed and the sole member is LLC A. I just received my Federal EIN for LLC B and in the address it has my name listed as "SOLE MBR". Does this matter? In my operating agreement for LLC B, I specifically state the managers/members of LLC A have full authority to make decisions, execute contracts, etc, but there is no explicit personal info listed for LLC B.

Any help or guidance would be appreciated.

Thanks

Steve

I formed an LLC last month and I have 90 days to submit my BOIR. My confusion lies around the term "company applicant".

When looking for information on who the company applicant is, I ran across this info directly on the Fincen.gov website:

So, the form requires a date of birth and photo ID for the "company applicant". I used WyomingAgents.com to create the LLC. So they use their own people to submit the articles and all that. According to the definition as found on the Fincent.gov website, I do not appear to be the "company applicant". I reached out to the company I used and received this in the email reply: "You are also the company applicant, since you are directing us to file this for you."

To me, I did not directly file this, and as such do not qualify as the "company applicant".  Especially since their employee signed her name on the paperwork as the organizer.  I've been googling and see where others have had this same question, and were not getting anywhere with the company they hired.  

Any thoughts?  Thanks

Hi @Jessica Krejcie @Sherri D. @Sherry McQuage @Eve Favorse @Ellie Ochoa @Account Closed @Sugey Moreno
So wonderful to see the enthusiasm for connecting with and learning from each other. Joyce, Ivorie and I have stayed connected since that first post I made. We try to meet every other Friday at 9am PT and I also set up a whatsapp group for us. I'd be happy to invite all of you. Please DM me your email address and phone number if you would like to be included. 

And good luck to @Eve Favorse on the offer!!