Outsiders state LLC registration

[Brodie Sharpe]

Hello,

I am new to the real estate world and have an LLC based in Utah. My accountant is completing my tax return and because we are focusing our attention on Texas (even though I haven't made any money yet) has advised me that any company completing transactions in any other state (other than Utah) will have to register in that state.

I contacted the Texas Secretary of State and the fee is $750 but no one can really give me much advice on whether I actually need to register. 

Any advice?

[Aaron Smith]

@Brodie Sharpe If you're a business doing business in another state (i.e. Foreign Entity), you MUST register that business in said state. No ifs, ands, or buts about it. For me, I formed in WY, registered in UT (where I live..have to for business banking), MI, and AZ. It sucks, but your wanting to do business as a legal entity and so, must abide by those state's tax laws governing business. 

I believe, however, if you're not going to place your property under the LLC, which it sounds like you are (and should), then you obviously don't need to register there.

Not a CPA but do have a decent working knowledge of business.