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Updated about 1 month ago on . Most recent reply

LLC Set Up for out of state property
I live in NJ but am looking to purchase an investment property in NY State. All my current properties are in LLC set up in NJ and the properties are in NJ. I want to set up an LLC for the NY property am am wondering if I can just use a new NJ LLC (cheap easy set up and I can be the Registered agent since I live in NJ) versus having to create an LLC in NY. Does anyone else have NY properties but set the LLC up in thier state of residence instead?