New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
If I have a Wyoming LLC and live in VA, do I have to be registered with the SCC to purchase real estate in VA AND establish a bank account?
Russell,
If you want to purchase an investment property in Virginia you need to use an LLC registered in that state, domestic or foreign. That means you can either register your WY LLC as a foreign entity in Virginia, or register a separate VA LLC (it can be fully owned by WY LLC).
The bank account can be anywhere, doesn’t have to be in Virginia.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
