Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Nevada LLC v Connecticut LLC
Hello All,
An absolute newbie here!
I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an LLC in the state we are flipping in.
We would be investing and flipping in CT & NY.
How does the creation of the LLC in NV 'trump' one in CT or NY? Is it more beneficial to have it registered in NV and pay the out of state fee's etc?
Any help or assistance is greatly appreciated.
Thanks in advance for your experience and knowledge on this complicated issue!
Cheers
Most Popular Reply

I've been told by snubber of people that the one in Nevada offers more protection. They say that doing one in Delaware is even better.