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Updated almost 17 years ago on . Most recent reply

User Stats

230
Posts
6
Votes
Bob McIntosh
  • Real Estate Investor
  • Hoboken, NJ
6
Votes |
230
Posts

Best state to incorporate in?

Bob McIntosh
  • Real Estate Investor
  • Hoboken, NJ
Posted

Hello everyone,
So I will be beginning the process of setting up an LLC to transfer my first property into which I will be purchasing shortly. I was wondering (and I know that I need to speak to an attorney and an accountant) what is the best state to incorporate in for Real Estate?

You always hear about how Delaware has the best tax laws for corporations, and how each and every state has some different rules and regulations that govern corporations... so... whats the best one? Does it matter? Should I just stick with the State I live in? Should I stick with the state my investment is in? (I live on the border of my state)

Educate me!! :groovy:

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