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Updated about 2 years ago,

Patrick Martone's profile image
Patrick Martone's profile image
Patrick Martone
  • Engineer
  • from Monmouth Beach, new jersey
  • Member since Nov 28, 2016
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132
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25
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Patrick Martone's profile image
Patrick Martone's profile image
Patrick Martone
  • Engineer
  • from Monmouth Beach, new jersey
  • Member since Nov 28, 2016
Connect
Patrick Martone
  • Engineer
  • Monmouth Beach, NJ
25
Votes |
132
Posts
Tax, SDIRAs & Cost Segregation

Land is under an LLC. Can I domesticate the LLC in a new state?

Patrick Martone
  • Engineer
  • Monmouth Beach, NJ
Posted

My raw land is under an LLC in NC. I want to domesticate that LLC in our home state of NJ so we can be the registered agents instead of paying a third party. Is this possible? I know businesses can easily move to other states. I would assume the parcel is technically an asset belonging to the LLC. The LLC was created because my sister-in-law and I have joint ownership.

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