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Updated over 1 year ago on . Most recent reply
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LLC & Foreign LLC - Michigan Properties (Foreign LLC) Living in Florida (Main LLC)
Hello Members, seeking opions and past experience to how best set up my Michigan Foreign LLC.
I live in Florida and have a local Florida LLC. But I invest quite a lot in Michigan and am trying to see how to set up up a Foreign LLC.
Any thoughts? Do you use the same name? Any other tips?
Example:
Main Florida LLC: National Real Estate LLC
Michigan Foreign LLC: National Real Estate LLC or something different like USA Real Estate LLC
I live in Florida and have a local Florida LLC. But I invest quite a lot in Michigan and am trying to see how to set up up a Foreign LLC.
Any thoughts? Do you use the same name? Any other tips?
Example:
Main Florida LLC: National Real Estate LLC
Michigan Foreign LLC: National Real Estate LLC or something different like USA Real Estate LLC
Please let me know your past experiences on this. Thank you.
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Greg Scott
#4 General Real Estate Investing Contributor
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Quote from @Sam Mathew:
When you register an LLC from one state in a another state (foreign LLC), you don't get to change the name. You are simply telling the new state how to find out about the existing LLC that was registered in another state.