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Updated about 1 year ago on .

User Stats

12
Posts
11
Votes
David B.
  • Investor
  • East Grand Forks, MN
11
Votes |
12
Posts

Question about LLC for Real Estate Holdings - incorporation state ND or MN

David B.
  • Investor
  • East Grand Forks, MN
Posted

Hello-

I am under contract on a triplex in North Dakota and am a Minnesota resident. I am planning to hold the deed with an LLC wholly owned by my spouse and I. I am wondering if anyone can offer insight on whether or not my LLC needs to be incorporated in North Dakota. My preference would be to LLC in Minnesota so I don't need to mess with "registered agent" and filing business taxes in a new state. However, I know that sometimes states require that business conducted (rent from tenants, in this case) in their state needs to run through an LLC that's been registered in that state. I cannot find anything about this for North Dakota, specifically.

Thanks in advance for your help.