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Updated over 2 years ago,
Ca LLC PURCHASING OUT OF STATE PROPERTY ( Florida)
Hey Guys & gals,
I have a few questions that I have been looking into and was hoping I could reach out to the bigger pockets community for help.
Story:
I opened up a Ca LLC last week (still waiting for it all to be processed) and I have been and will continue to be looking for deals (first deal). I am a real estate professional working as a licensed lending officer in 16 states at a major lender. I plan to purchase a Multi-Fam property in Florida (4-16 units).
My main question is simply if my ca LLC were to purchase some Multi-Fam residential real estate in Florida. Do I need to open up or get a business license or anything if that sort? Will the fact that I have a ca llc and am a California resident just allow me to do everything through California? If not what should I do differently ?