Wyoming LLC Holding other LLC's question
1 Reply
Enrique Caballero
Rental Property Investor from South Florida
posted almost 3 years ago
Hello Guys,
I am planning to open a Holding Wyoming LLC to own my other LLC's (not in Wyoming ;D ) for protection. However during creation i noticed it is asking for either domestic or out-of-state setup. I can have a paid Registered Agent for it, but technically it fall under what category if is only purpose is to own other LLC's? Any feedback will be highly appreciated.
Thanks,
Enrique
Caleb Heimsoth
Rental Property Investor from Durham, NC
replied almost 3 years ago
@Enrique Caballero
My advise is don’t do this set up at all assuming you’re just starting. Waste of money
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