Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

195
Posts
102
Votes
Jimmy Klein
  • Investor
  • Houston, TX
102
Votes |
195
Posts

Delaware LLC for Management Company?

Jimmy Klein
  • Investor
  • Houston, TX
Posted

Currently have a management company that handles the management of commercial properties in varying states including Texas, Florida, Alabama, and Tennessee. Asset types vary from small retail centers to hotels. Does it make sense to create a new LLC under the state of Delaware or would I be better of in just incorporating in one of the states we own in. I have heard varying info such as there really is not much of a benefit to some claiming it offers great protection. Anyone create a Delaware LLC or any attorneys that could briefly provide some advice? Thanks.

Most Popular Reply

User Stats

6,241
Posts
3,801
Votes
Aaron K.
  • Specialist
  • Riverside, CA
3,801
Votes |
6,241
Posts
Aaron K.
  • Specialist
  • Riverside, CA
Replied

Not really a benefit unless you operate in Delaware as you have to foreign qualify your business anyway.

Loading replies...