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Updated over 5 years ago,

User Stats

40
Posts
4
Votes
Dennis Gallof
  • Rutherford, NJ
4
Votes |
40
Posts

Setup LLC within the same state as condo or my home state?

Dennis Gallof
  • Rutherford, NJ
Posted

I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better to create the LLC in the same state I'm purchasing the condo or my home state?

I currently put in an offer on a condo but if the sale doesn't go through then I can't use that address on my LLC application; so I guess I have to wait for the sale to go through and then transfer the title to the LLC...unless I setup a PO Box in that state and use that for the LLC address on the application for now?

Thank you!

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