Personal Finance
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply

LLC State of Incorporation
Hello. I need to open an LLC (Corp2Corp contact is coming), but I'm not sure in what state to do it. Currently I am located in TX but in 6 months I will relocate to WA.
What option is better:
1) Open LLC in WA ($200 fee) and register a foreign LLC in TX ($750 fee). Also there will be annual fees in WA
2) Open LLC in TX ($300 fee) and register a foreign LLC in WA ($200 fee) when I move there
3) Open LLC in TX ($300 fee) and domesticate it in WA ($200 fee) when I move there. I'm not sure how much I need to spend on it. Probably, at least, I will need to pay for a new registered agent ($150)
I'm not sure how difficult it is to do domestication in comparison with the registration of a foreign LLC
WA has $60 annual fees, and TX has $0 annual fees (for LLCs with less than $1.23 million in revenue, I would probably never reach this number anyway)
Most Popular Reply
I agree with @Steve Vaughan as you probably want a domestic entity with respect to where the property or business is located. There are foreign filing fees and other considerations when you are out of state. In Texas for example you have the Texas Franchise Tax report to file whether you have gross receipts or not.