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Updated about 8 years ago on . Most recent reply

Tom Reynolds's profile image
Tom Reynolds's profile image
Tom Reynolds
  • from st charles, Illinois
  • Member since Oct 4, 2016
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Tom Reynolds's profile image
Tom Reynolds's profile image
Tom Reynolds
  • from st charles, Illinois
  • Member since Oct 4, 2016
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Tom Reynolds
  • st charles, IL
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Starting Out

What state should LLC be originated?

Tom Reynolds
  • st charles, IL
Posted

Hi - I'm a new investor outside of chicago and wondering if I should establish an LLC or establish an LLC in a different state. I'm only asking because Illinois charges 4x other states for annual renewal and the initial setup is more expensive as well. Any advise would be greatly appreciated!

Thanks,

Tom

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