Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Where/how to form LLC with 2 partners from diff states
Good evening dear Big Pocketers!
I am a newbie from CA. Starting our with a plan to buy first investment property with a friend who is from OH. We are going to invest into MF in WI or IL.
I wasn't able to find pros and cons in a google of where to create a LLC and what the circumstances would be. I can guess that we can do that in either state where it would cost less, but hearing it from person who've done it would definitely give me more confidence!
Please share your thoughts of how does it usually get's done and how would you go!
Thank you for your time!