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Updated almost 6 years ago on . Most recent reply

Matthew Walsh's profile image
Matthew Walsh's profile image
Matthew Walsh
  • Real Estate Agent
  • from Virginia Beach, VA
  • Member since Dec 5, 2017
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25
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Matthew Walsh's profile image
Matthew Walsh's profile image
Matthew Walsh
  • Real Estate Agent
  • from Virginia Beach, VA
  • Member since Dec 5, 2017
Connect
Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
7
Votes |
25
Posts
Tax, SDIRAs & Cost Segregation

Out of state LLC rental

Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
Posted

I am about to buy a property (or 2) in PA for rental purposes. I have a NY LLC which I created for a NY deal that didn't happen. Is there any reason I should or should not use this current NY LLC for purchasing my PA deals? The forums are chock full of info on creating LLC's, but this one already exists and owns nothing.

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Matthew Walsh's profile image
Matthew Walsh's profile image
Matthew Walsh
  • Real Estate Agent
  • from Virginia Beach, VA
  • Member since Dec 5, 2017
Connect

User Stats

25
Posts
7
Votes
Matthew Walsh's profile image
Matthew Walsh's profile image
Matthew Walsh
  • Real Estate Agent
  • from Virginia Beach, VA
  • Member since Dec 5, 2017
Connect
Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
7
Votes |
25
Posts
Matthew Walsh
  • Real Estate Agent
  • Virginia Beach, VA
Replied

@Scott Smith thank you. Would never have even thought of a land trust. I definitely have some points to discuss with my attorney.

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