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Updated almost 12 years ago,

User Stats

10
Posts
1
Votes
James Stewart
  • Peyton, CO
1
Votes |
10
Posts

SDIRAs, LLC's, multiple states - and just beginning

James Stewart
  • Peyton, CO
Posted

If someone can provide sage advice to a novice, I would be grateful.

I live in Colorado, opened an SDIRA in Ohio, but would like to buy rental properties in Indiana. I've read its wise to use an LLC for rentals, liability issues. So my confusion is: a) do I need two LLCs, one in Co and one in In? b) Is one sufficient? c) If two are needed, how does the SDIRA LLC fund an Indiana LLC within all regulations?

Thank you!!

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