If you're doing business in CA, you'll need to register your NV LLC as a foreign entity.

The banks that we have visited seem to be cautious of the IRA owned C Corp - as the concept is foreign to them.

Had an old run down school with an acre of blacktop nextto a repair shop we sold.The school sold at city auction for $124, 900 and was rehabbed as a private School for foreign high school students.

I'm seeking some advise on USA property investment.I am foreigner, (singaporean) and I just bought a multifamily apartment bldg with 6 units in Rochester NY, 100% tenanted with management in place.

The kind of property and price tag that I am looking for, including
repairs and renovation would be rehabbed SFR's of under 70.000$, built after 1995, in A, B or B- areas. No C- or D areas.

Considering the rule-of-th...

Not worth the cost since my LLC just holds membership units in a foreign llc.

When I asked which was best, the lady replied "they're like chocolate chip cookies, each a little different, all delicious."

You will have to register as a foreign entity in any state you do business in.

I have some foreign national clients who have used it to get developments off the ground.

I think between all BP members, there are rentals owned in all 50 states, and in foreign countries.