Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
LLC doing business in multiple states
I have a question for the group. I already have an LLC in Florida that I own a rental under, and i want to buy another rental in another state. Can i just register as a foreign agent in the other state (PA) or do i need to form a new LLC.
Most Popular Reply
Eamonn McElroy
#5 Tax, SDIRAs & Cost Segregation Contributor
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
- 1,762
- Votes |
- 1,982
- Posts
Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
Depends on how NV defines "doing business" within NV. Generally speaking an employee physically located within a state may create filing nexus for operating businesses.
Rental RE may be different.
You're never forced to incorporate anywhere, however there are specific circumstances in which you should register with a state's Secretary of State to conduct business within the state.