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Updated almost 6 years ago, 01/10/2019

User Stats

50
Posts
11
Votes
Devang Patel
  • South Plainfield, NJ
11
Votes |
50
Posts

LLC Setup questionss

Devang Patel
  • South Plainfield, NJ
Posted

I am from NJ and my partner is from Vegas and we are hoping to partner up in order to invest in out of state turnkey rentals in Georgia and other states where opportunities arise. Where do you suppose the LLC should be incorporated? I have read its best practice to incorporate LLC's in the same state as where the properties are. Is it true some states may require you to have two llc's setup including in addition a foreign LLC for home state?

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