Out of State LLC

[Marlon Seecharan]

Hey guys!! I just created my company in the state for Delaware, however, I used my New York address as the business address (home based) and I plan to invest in real estate in Florida, NY and maybe even in other states. I was told that I needed to register my company with the states I will be doing business as a foreign entity in order to be able to operate in the states I do business in. Is this true for the type of business I am in, i.e. Real estate investing. And let's say I don't register the business as a foreign entity what are some of the consequences? Advice is greatly appreciated. Thanks.

[Jeffrey Levy]

@Marlon Seecharan

Hi Marlon,

Have you spoken to an attorney since?  Can you share what you have learned about this?

I am considering the same situation: Live in NY, Deleware LLC and a Florida purchase.