Goals, Business Plans & Entities

User Stats

15
Posts
9
Votes

Where should I file my LLC

Posted Jun 24 2022, 15:32

Still new to all this. I own 2 new rental properties in my personal name. 1 in TX (LTR) and 1 in FL (STR). I live in NY. Should I create separate LLCs for each property in the states they are in, or should I create 1 in the state I live in and file each as foreign entities in the states they are physically in? Do I need 2 separate LLCs or is it ok to put in just 1? Thanks in advance!

Westchester County, New York

Loading replies...