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Updated over 6 years ago on .
What is the best way to set up an LLC for out of state investors?
I live in Florida but currently own properties in Alabama. One was a recent tax lien and the others are inherited properties. I would like to know the best way to set up an LLC. Should I do it Florida and pay the foreign tax in Alabama at the end of the year? Or should I set it up in Alabama? I plan to invest in other states too, if I find the right opportunity.