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Updated about 8 years ago on . Most recent reply
I have an LLC question.
Hi everyone,
My question is should I get my LLC where in live which is Oceanside California or should I get it where I want to invest which is Cleveland Ohio? What would be the best choice and strategy for my situation?
Thanks
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James Wise
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James Wise#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Originally posted by @Luis Moreno:
Hi everyone,
My question is should I get my LLC where in live which is Oceanside California or should I get it where I want to invest which is Cleveland Ohio? What would be the best choice and strategy for my situation?
Thanks
I recommend getting an Ohio LLC. It is cheaper then a California LLC as a California LLC has a large annual fee. You would also need to register your California LLC as a foreign entity in Ohio so getting an Ohio based LLC is the simpler and cheaper route.