Can an LLC buy properties in different states?

[Beth Rook]

Can an LLC buy properties out of state? Do they have to file something in the other state first in order to buy property there?

[Mark Munson]

Hi @Beth Rook

    Yes, in general, you can buy in other states. To operate in most states, you will need to file a Foreign Entity Registration in that state. You can buy without it, but you should have it to be fully compliant. Some lenders will require it too, assuming you are using financing.