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Updated almost 5 years ago on .

User Stats

3
Posts
1
Votes
Kallan Kaliya
1
Votes |
3
Posts

Type & LLC in home state vs foreign

Kallan Kaliya
Posted

Hi,

I am investing with a company. The company buys and rents out properties. They pay interest to me for my money. I was thinking of creating a llc to save on my interest profits. I am in California. Looking at various posts on internet it is suggested to open one in your home state. Any advantage/disadvantage of not doing that. Any company which can do this for nominal fees.

Thanks,

KK