356: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions356:
Main Street Business
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Kentucky LLCS Don't Protect the Property
You might want an llc to protect you from things that could go poorly on that piece of land when you're not there, some trespasser sogasion. Kentucky l lcs don't protect the property. It's a foreclosure state. A cope entity comes in, c o p e, charging order protection entity. So we might set up a wyoming llc to own the kentucky llc, have a wy Wyoming lc register to do business in kentucky.
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