Wholesaling in multiple states. Taxes, Corporations...

[Eddie Starr]

I've some questions about one of everyone's favorite subjects: taxes and the IRS. I am NOT looking for "legal or similar advise," as I know that can't "be done." I just want to hear what others who've done such business have done for their businesses.

For those who have wholesaled in multiple states, do you use a C-corp, LLC, S-Corp, LLC-S-Corp, LLC-C-Corp, or something else? Do you have a "Master Corporation," and then a separate corporation for each state you do business in? Or do you have your corporation(s) where you do the bulk of your business, and then, for where ever you do a few deals, simply register as a "foreign entity?"

For those that opt to have multiple corporations, do you have someone you know as a registered agent, or do you pay an annual fee to a 3rd party? If the latter, who do you use? Has www.myllc.com or freeregisteredagent.com been good? Any you would avoid, or recommend?