Quote from @Michell Chase Chase: I registered my LLC in Wyoming and was not told anything to that nature..but my investment property is in NY so I also have to register my WY LLC as a foreign entity LLC in NY as I will be generating income in that state...

This is in Amsterdam, NY as well. 

I am very excited To have finally closed on my first investment here in Liverpool NY as a 19-year-old investor as of last week and be auditioning for the Bigger Pockets rookie podcast this Monday!

They can definitely tell you what you need to know legally and licensing wise in NJ/NY as there are some restrictions in certain states and I think NJ is one of them. 

You're in NY as well as I, so I hear you with regard to finding property and it working for you.   

It looks like you are in Buffalo, NY as am I.

Your parents and you could probably use a really good Elder law atty in NY as well to look at how best to structure their ownership and passing to you.Nothing wrong with selling to a related party and completing a 1031 exchange. 

Quote from @Crystal Harris: In February 2024, I purchased a tax lien from Nassau County NY. A

Coming over from NY as a broker (not agent). 

So to answer your most pressing question, yes wholesaling is legal in NY. As