which state to register LLC

[James Russell]

so, recently i was told that even though im in wisconsin, the best state to register my LLC in is nevada. Speciffically because the corporate veil is much much harder to pierce. to the affect of the only way to pierce it is proff of fraud, period. has anyone else heard this and what is involved with registering you LLC out of your home state? Any insight would be greatly appriciated.

[Patrick Diamond]

I filed my first corporation in Deleware (we are in California). It ended up being a waste of money as no investors would do anything with us until we were "properly" set up. It also made developing corporate credit a headache.

12 years later I never try and skimp by setting up foreign corporations (that's what you'd be doing)... I would recommend going to some local REI meet ups and getting connected to attorneys or tax advisors who specialize in working with REI's and get their advice. There's usually a free consultation.

You may find you will end up having to file in your state anyway at some point.