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Updated 9 months ago on . Most recent reply

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Dan Panea
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LLC Formation - Which State?

Dan Panea
Posted

Hi There,

I am going to create my LLC. I am US citizen living in Europe for now. Where should I create my LLC, considering that I am going to do wholesaling for the first year? Should I create an LLC in one of the states I target? Should I create an LLC in another state, like one that has an LLC friendly legislation? What is the strategy?

Thanks

Dan

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

To validly execute contracts any other legal activities, the LLC must at least be registered in the state you are doing business.

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