In CA, you are legally required to have a CA LLC if you are "conducting business in CA".

Under "Start a Business", choose "Limited Liability Company" and follow the directions.

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.

Anyone on here get on board with Anderson Business Advisors?

Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its registered state in order for the LLC protections to apply, otherwise a judge could potentially pierce the corporate veil.

@Christina Galdieri A 1031 exchange cannot be used for the sale of a business itself, as it only applies to the exchange of like-kind real property used for business or investment.

However, I do have a lender that can conduct an entity transfer with a commercial loan from 2 units and up.

The closing of this business is what lead me to “double down” on real estate. 

Laura, I think business cards are overrated.

Operating within California means you’ll need to register any LLC conducting business in the state, regardless of where it’s formed.