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Updated over 4 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Harry Brodsky
  • Rental Property Investor
  • Brooklyn, NY
3
Votes |
14
Posts

Pennsylvania LLC Formation Question

Harry Brodsky
  • Rental Property Investor
  • Brooklyn, NY
Posted

Hey BPhilly

I'm currently looking to invest in property in PA, specifically the Philadelphia area. I live in New York State, but my business partner leaves in Philadelphia. We are going to form an LLC for liability reasons. My question is:

When forming an LLC in Pennsylvania, do all members of the LLC have to be current residents of Pennsylvania? (or can 1 or all members live out of state?)


So far I have not found any information online indicating that this would be the case, but I wanted to ask on the forum because I assume people with more experience than myself have better insight.

Thank you,

Harry B.

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