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4 March 2024 | 15 replies
Drawbacks may include additional fees for out-of-state registration and possible confusion with managing a remote LLC.2.Wyoming's laws and regulations may impact the management and operation of the LLC, such as annual reporting requirements and taxation policies.3.Specific requirements for out-of-state LLCs owning property in Texas may include registering as a foreign LLC and appointing a registered agent in Texas.4.There may be restrictions or limitations on the LLC's ability to purchase, sell, or finance property in Texas, such as compliance with state laws and regulations.5.Other considerations to be aware of include consulting with a legal or financial advisor, understanding tax implications, and staying current on any changes in laws or regulations that may affect the LLC and its operations.
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5 March 2024 | 199 replies
Let me know if interested (registration required due to space limits of 40 people per meeting).
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1 March 2024 | 8 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
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29 February 2024 | 7 replies
If you move there, get owners home insurance, utilities in your name, not a landlord policy, move all your billing, medical, voting, car registration, etc etc there you should be able to prove you live there 6 months.
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29 February 2024 | 35 replies
.), and annual property registration that must be completed to not incur a fee.
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29 February 2024 | 5 replies
Some require only registration with the city.
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28 February 2024 | 3 replies
I was told that I can't submit a rental registration for 2 renters with the city.I was hoping to rent out the units as a mid-term rental or one as a long-term rental and the other one as mid-term but I am not sure on how to best do so.
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28 February 2024 | 4 replies
It looks like in Vermont & Wyoming you would do it through the Secretary of State: Vermont: https://sos.vermont.gov/corporations/registration/Wyoming: https://sos.wyo.gov/Business/StartABusiness.aspx
27 February 2024 | 30 replies
Here's the link.https://biggerpockets.zoom.us/webinar/register/7717078553365/WN_YF22_Lu5SGScrKzwY20DlQ#/registration
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22 February 2024 | 7 replies
An MLO license and NMLS registration are required for all consumer-purpose real estate loans in every state.Of the 18 states (not 12) that require a license to make a business-purpose real estate loan, the purview of most P/HMLs, most do not require an NMLS registration.