Holding LLC / Legal & Tax Advice Needed

[Sondra Lovett]

Novice investor - currently have one SFR purchased by a multi-member LLC in GA. Under contract for a triplex in SC and considering setting up an in-state LLC or registering current LLC as a foreign LLC.

Wondering if it makes sense to create a holding company LLC in Delaware, Nevada or Wyoming? Our business plan is to purchase 30+ doors across the Southeast over the next couple of years. Would a holding company be better to hold the bank account for several operating LLCs?

Welcome advice and getting in touch with a lawyer or CPA that has experience in this area.