Hi

I am purchasing property in upstate New York for investment, and am trying to think of the best way to structure the deal.

Ideally I would like to setup as an LLC, but have heard that NY has some rather onerous (and expensive) publishing requirements. I would assume that Corporation is the only other option, but would appreciate any advice. I am a foreign resident, so S Corp is not an option for me. The problem with a C Corp is that any losses I incur would be trapped in the company, as opposed to an LLC where I could use them to offset my Salary income.

The flexibility of being able to invest in other states would be handy also. Not sure if that would mean a Nevada/Delaware LLC is best.

Any advice from other New York state investors would be greatly appreciated.