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Updated about 2 years ago on . Most recent reply
Quick question for the community
Hello Bigger pocket community,
I have one question
If I'm opening an LLC for my property, do I create the llc with property state or my residence state? For example, I'm investing out of state in Ohio Cleveland and live in New Jersey
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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
Quote from @Brechman Dieujuste:
Hello Bigger pocket community,
I have one question
If I'm opening an LLC for my property, do I create the llc with property state or my residence state? For example, I'm investing out of state in Ohio Cleveland and live in New Jersey
You can do it either way. Create an Ohio LLC or create a NJ LLC and then register it as a foreign entity in Ohio.