Updated over 3 years ago on .
presented by
New York Wholesaling - Out of State contracts with NY LLC
Hi all. Quick question. May seem silly but wanted to know if anyone is doing this and can answer for me.
I have a NY LLC (S-Corp) and I recently started to explore Wholesaling only to learn that New York is an attorney state and it is more complex here. Bit of a bummer as a newb, but meh.
My question is...if I do out of state deals with both buyer and seller outside of New York, am I bound by any of the NYS laws because my LLC is in NY? If I am I would just look to get a new LLC out of state to save the hassle.
I would appreciate any feedback.