Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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
100
Votes
Jimmy Klein
  • Investor
  • Houston, TX
100
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
3,800
Votes
Aaron K.
  • Specialist
  • Riverside, CA
3,800
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...