P2P Forum

General Category => Introductions => Topic started by: BeardedBroker on July 26, 2021, 10:42:07 PM

Title: Hello new to learning questions about out of state llc
Post by: BeardedBroker on July 26, 2021, 10:42:07 PM
Hello I'm new to not only this platform but also p2p lending. I'm located in Ohio and it's not allowed here. I have read that if I got an out of state llc it would be a way around it. Has anyone done this with any luck and if so was it worth it?
Title: Hello new to learning questions about out of state llc
Post by: SeanMCA on July 29, 2021, 02:28:03 PM
I think it depends on what the platform's controls are. If you are a single member LLC, I am guessing that an out-of-state LLC is not going to make you statutorily eligible.
Title: Re: Hello new to learning questions about out of state llc
Post by: BeardedBroker on July 30, 2021, 10:13:01 AM
Good to know thank you!