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Updated about 2 years ago on . Most recent reply

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Ryan Judkins
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Ryan Judkins
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Buying & Selling Real Estate

What state for LLC Setup?

Ryan Judkins
Posted

I'm buying a couple properties in Missouri (1st rentals). Should I form LLC in Missouri or use a different state like Wyoming? I believe Missouri has parent/child LLCs, anyone have experience with those? Wondering if I should set up LLC and then have each property a child LLC of the original?

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  • from Scottsdale Austin Tuktoyaktuk
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Quote from @Ryan Judkins:

I'm buying a couple properties in Missouri (1st rentals). Should I form LLC in Missouri or use a different state like Wyoming? I believe Missouri has parent/child LLCs, anyone have experience with those? Wondering if I should set up LLC and then have each property a child LLC of the original?

Here is a well thought through post on your LLC

https://www.biggerpockets.com/...
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