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Updated about 5 years ago,

User Stats

542
Posts
299
Votes
Shafi Noss
  • Investor
  • Nationwide
299
Votes |
542
Posts

Worth it to hire an LLC Holding Agent

Shafi Noss
  • Investor
  • Nationwide
Posted

Hi everyone,

I am creating a holding LLC with a partner for our multifamily investment portfolio. He is located in VA and I am in MD. I've heard recommendations to file in states like Delaware and Wyoming, but hear different things about the advantages. Would be interested to hear any thoughts about that.

If I do decide to file in MD or VA some companies offer to be a registered agent and walk you through the process for a few hundred dollars. They advertise that this will provide anonymity and simplicity, a single address that won't change and isn't traceable to you. Is this worth it? Do any of you use a separate registered agent for your LLCs?

Edit: Reposting in the Financial, Tax, and Legal section. 

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