Buying & Selling Real Estate
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 6 years ago, 01/10/2019
LLC Setup questionss
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?