Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Tax, SDIRAs & Cost Segregation
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 over 10 years ago,

User Stats

67
Posts
16
Votes
Jean Paul Rousseau
  • Investor
  • Nogent sur marne, Val de marne
16
Votes |
67
Posts

Do I need a Florida Corp. ?

Jean Paul Rousseau
  • Investor
  • Nogent sur marne, Val de marne
Posted

In october 2013, I bought two houses in Atlanta using a Georgia corp. I am the president and my five children are stockholders. I lent the money to the corp. to buy the houses and they will reimburse me in 20 yearly installments.

Now to diversify, I want to use the same scheme to buy two houses in Jacksonville.

Is it better to use the Georgia corp. to buy those houses or should I create a Florida corp.?

I called a Florida lawyer who told be using the geogia corp. will be too complicated and he adviced me to create a separate Florida corp.

As I am a foreigner living in France, I am not familiarwith the US legal rules.

I would appreciate what BP members think about it

Loading replies...