Where should I domicile my LLC if I'll be providing hard money?

[Eric Boshart]

Hi all, my first post here. I am planning on providing hard money loans to a number of investors/flippers across the country, the first close being in Pennsylvania in the coming weeks. I live in California.

I'm confused as to where to house my LLC. I've heard Delaware because it's inexpensive to file and the taxes are lower, but I've also gotten the advice to just house it where I live (California). I'm reluctant to house it in Pennsylvania because I know I won't only be doing business there, and also I don't have an address there or registered agent.

Lastly, will I have to register the LLC in each state that I am active in? I'm not actually purchasing property, so I'm not sure what the ramifications are. I've heard you don't have to register where the property

Any advice would be extremely helpful, keeping in mind that it might be best just to consult a tax attorney.

Thank you!