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Updated almost 3 years ago on . Most recent reply

User Stats

11
Posts
6
Votes
Ayano Itoh
  • Investor
  • Waco, TX
6
Votes |
11
Posts

LLC with long distance investment properties

Ayano Itoh
  • Investor
  • Waco, TX
Posted

Hi, 

This might be a very basic question. I live in Los Angeles, California and have an investment property in Texas. 
If I were to start an LLC, do I have to have an address in Texas? Or can I use an address in California?
In general, without having an office, what address do people use for their LLC??

What are the tax benefits of having an LLC?

I’d love to hear from people who are doing long distance investment and in the similar situation as me.

Any input would be appreciated! Thanks!

Most Popular Reply

User Stats

37
Posts
32
Votes
Tal Shachar
  • Rental Property Investor
  • Rockville, MD
32
Votes |
37
Posts
Tal Shachar
  • Rental Property Investor
  • Rockville, MD
Replied

Hi @Ayano Itoh,

We do long distance investing, and we opened an LLC in WY, as the holding company, and an LLC in the state where we have the properties, which is owned by the holding company.

We used Corporate Direct in WY to form.the LLC, which provides us local address and registered agent, so your name is not on the public records.

Good luck!

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