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 almost 12 years ago,
SDIRAs, LLC's, multiple states - and just beginning
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!!