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All Forum Posts by: Wil Pollock

Wil Pollock has started 5 posts and replied 14 times.

New Member Introductions

Post: New Investor Group

Wil Pollock
Pro Member
Posted
  • Investor
  • Nation-wide
  • Posts 14
  • Votes 7

Hi Folks! 

I'm a new BP member in New York City & Westchester County. I'm looking to meet like-minded investors and make new partners with people serious about investing in the New York City area. There's a ton of opportunities within this market.

Let me know if you're interested in a serious discussion. I'll host a Zoom if needed. 

I'm looking forward to meeting you. Thanks!

Wil

1 Vote
New York City, New York
Starting Out

Post: Foreign LLC question fro NY resident

Wil Pollock
Pro Member
Posted
  • Investor
  • Nation-wide
  • Posts 14
  • Votes 7

Would like to hear more. Let’s connect. 

0 Votes
New York City, New York
Starting Out

Post: Foreign LLC question fro NY resident

Wil Pollock
Pro Member
Posted
  • Investor
  • Nation-wide
  • Posts 14
  • Votes 7
Quote from @Ko Kashiwagi:

Hi Wil,

Many people get a LLC in the property they are buying under the holding company. You could still buy the property with your WY Holding LLC, but you may need to file a registration with the Secretary of the State of the state your are investing in to obtain financing.

Thats helpful. I expected that to be the case: buy in Pennsylvania, I gotta register there. Cheers mate 🤘🏼 
Still confused about my home state of New York. 
0 Votes
New York City, New York
Starting Out

Post: Foreign LLC question fro NY resident

Wil Pollock
Pro Member
Posted
  • Investor
  • Nation-wide
  • Posts 14
  • Votes 7

Hello friends,

I have a WY Holding LLC. I live in New York (for now 🙄) and will be buying investment property outside NY state. If I only manage my holding company - no active PM role - does that help avoid filing/registering in NY? Any friendly advice on the matter would be awesome!

Cheers,

Wil 

2 Votes
New York City, New York