Is it a good idea to open a corporation in another state, say Nevada? For tax benefits because opening in Chicago would be too expensive.?

so I just recently filed for my LLC and Ein. After I received my employee identification number, I was told that if I want to, I have the option of filing form 8832 "Entity Classification Election" and elect to be cla...

Has anyone formed an LLC using the Nevada Corporation Headquarters. I'm looking to create one there for the corporate veil protection but I've never done one before and I'm hoping for any insight BP has??? Specificall...

Hi,
I had a quick question about filing state taxes and registering for a Foreign Corporation License (if this is even needed).
I live in NY and registered my LLC as a Sole Proprietorship here in NY however all my r...

After many years of doing my own taxes with forms A, C & E using Turbotax we started using an accountant when we formed an LLC like 5 years ago for our properties. Now he's MIA, and we weren't all that thrilled wi...

My husband and I have a Triplex in Kansas that we plan to hold onto because it is a cash flowing monster. We haven't set up an LLC yet. But we want to move to Florida in 2017 sometime. We will invest in much more real...

Hi I live in California and file my corporation in Wyoming.  I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?

I formed a single person LLC, but I've realized I should have formed it under my wife as she will be main person operating.I was about to start the process to file an amendment to remove myself from the articles of or...

HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...

hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?