Investing with an LLC/Corp

[Charlotte Lucchesi]

It is my understanding that if an LLC is formed in Nevada and I buy property in another state I will have to register as a foreign entity. I believe that in CA this is the same annual fee, 600.00 that is charged to an LLC formed in CA. Wouldn't this get to be a big expense? Also, would you have to have a registered agent in each state? With an LLC do you have to get the checking account in the state where formed and would each foreign entity have to have the checking account in that state?