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Top Questions and Answers
The profits from the LLC ?flow through? to the owner's personal income tax return and are paid on the individual level (not at the corporate level). So that fact that Wyoming doesn't have state corporate income tax doesn't matter. Furthermore, you pay state income taxes where the money is made.
Video Guide to Compress Legal Wyoming Organizing Personal Assets Forms For Free
Why set up a Colorado LLC to own title to hold title to the property when eventually that LLC is going to be owned by a Wyoming LLC let's just start out with the Wyoming LLC to begin with here's why you don't want to do that because when you set up the LLC to to hold title of this
Property now it's in business right it's in the business of running out the property and every state requires that if you're in the business of rening out property that that LLC be registered in that state to do business so if you wanted to use a Wyoming LLC you would essentially have to register in Colorado as a foreign
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Related Searches
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