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Updated over 11 years ago,
Dormant LLC in Texas, how to reactivate
HI All,
I formed a LLC in Texas two years ago, but never did anything about it. No activities, no tax filing. The company has been dormant.
Now I just purchased my first real estate investment property which I would like to use this business account to collect rent, pay expenses, etc.
Do I need to reactivate the LLC? What about tax filing? Do I need to make up for the years I didn't file and pay the penalties before I can use the LLC?
Anyone can shed a light is greatly appreciated.