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> You can use one of the states with more privacy (e.g WY). Less effective than you might think because you will be required to register as a foreign corporati
by cowsandmilk 3y ago
> You can use one of the states with more privacy (e.g WY).
Less effective than you might think because you will be required to register as a foreign corporation in the state where the property is
located. That registration will expose exactly the same information as just setting up the company in that state.
- gumby 3y agoIf the company doesn’t “operate” in a state you don’t need to register as a foreign corporation. For example in California, the sec of state’s website says, Before transacting intrastate business in California, the business must first qualify/register with the California Secretary of State online at bizfileOnline.sos.ca.gov. "Transacting intrastate business" is defined as entering into repeated and successive transactions of its business in this state, other than interstate or foreign commerce. I.e. you can own, but not manage property through the corp.