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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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HomeForumsGoals, Business Plans & Entitiessetup LLC in another state?
Bryan M.'s profile image
Bryan M.'s profile image
Bryan M.
  • Accountant
  • from Norwood, Massachusetts
  • Member since Oct 20, 2009
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Bryan M.'s profile image
Bryan M.'s profile image
Bryan M.
  • Accountant
  • from Norwood, Massachusetts
  • Member since Oct 20, 2009
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Bryan M.
  • Accountant
  • Norwood, MA
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Goals, Business Plans & Entities

setup LLC in another state?

Bryan M.
  • Accountant
  • Norwood, MA
Posted Dec 15 2009, 03:51

Hi everyone, I have a question about forming an LLC.

I live and work in Ma and have one rental property in MA, I plan on adding to and building my rental property business in Ma also. Ma state LLC filing fees are $520 and RI are $150. Could I file in RI and run my bisiness in MA? I live close to the RI boarder so I could get to a post office for a PO box fairly easily. Also is an LLC the way to go for a rental property business? I would like to get business financing at some point. Thanks for the help.

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