Posted by Rich on April 06, 2007 at 24:19:42:
To pass along what my attorney told me. You do not need to be registered to do business in a state in order to buy and sell property any more than you personally would have to live in the state. If you were to rent out the property, you would only need an in state LLC to receive rents.
Need some advice… - Posted by Amy
Posted by Amy on April 04, 2007 at 10:16:02:
I am opening a Wyoming LLC to own and sell some real estate that I am buying in Ohio and Kentucky. These will be short-term holds, about 6-9 months long each. I plan to buy them in my name & put in a land trust then sign my LLC as beneficiary. When I go to sell it, the state tax is taken at closing. Do I still need to be foreign qualfied in Ohio and Kentucky to do this? Is there any way around having to be foreign qualified with a Registered agent in those states? Any help you can give me would be very beneficial. Thanks, Amy