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Updated about 5 years ago,
Buying 1st door out of state, how to go about getting an LLC?
Hey all,
I'm looking at buying my 1st door out of state where I live. I'm a little lost in terms of how to go about setting up the LLC? Do I create a foreign LLC through my local state page, or do I need to create one in the state where the property will be?
My plan given this will be a financed deal is that the mortgage will be in my name, and the LLC will cover the rental aspect to prevent personal liability.
Looking forward to the adventure!