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Updated over 10 years ago on . Most recent reply

User Stats

99
Posts
17
Votes
Carlos O.
  • Investor
  • Huntington beach, CA
17
Votes |
99
Posts

Sole Proprietorship in MO

Carlos O.
  • Investor
  • Huntington beach, CA
Posted

Hello all,

I'm currently trying to find out if I need to register a sole proprietorship in MO and what kinds of costs that entails. I'm currently looking to purchase my first property. Everything is going under my name on this one and I will be getting a 1M umbrella policy. Once I buy more homes I will move into an LLC. I've been looking online and it seems a little unclear on if I need to register myself anywhere when I'm renting property. Can anyone shed some light on this?

Thanks,

Carlos O.

Most Popular Reply

User Stats

43
Posts
16
Votes
Vicki Stewart
  • Real Estate Investor
  • Kansas City, MO
16
Votes |
43
Posts
Vicki Stewart
  • Real Estate Investor
  • Kansas City, MO
Replied

I'm not aware of such a requirement in Kansas City. However, there is a rental registry requirement. It's a simple online process and is free but there's a fine for failure to register. 

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