Long distance investing - Legal Structure

[Maricruz Romero]

Hi BP,

For those doing out of state investing, where have you incorporated your LLC? Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?

Also do you have you done this online or spoken to an attorney to form the LLC?

Thanks for your responses!

[Maricruz Romero]

@Scott Smith thanks for your thorough response. Will do some further research on trust and bring it up while consulting an attorney. It does seem like a good option for someone who plans to do investing in multiple states. Also planning to listen to podcast 109! Thanks again.