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Updated over 9 years ago on . Most recent reply

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Craig Kruse
  • Denton, TX
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Forming an LLC

Craig Kruse
  • Denton, TX
Posted

I am getting started and in the state of Texas. I am interested in investing in other states and markets as well so I am wondering if I could still do that under one LLC or I would need one in each state that I invest in? I am assuming that would be the case. Any advice or thoughts would be welcome and appreciated.

Most Popular Reply

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52
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Justin Spaulding
  • Real Estate Investor
  • Milton, WI
14
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52
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Justin Spaulding
  • Real Estate Investor
  • Milton, WI
Replied

We have holdings in multiple states. We use a different LLC for each. In fact, even in the same state, we use seperate LLC's for all properties. From a liability standpoint you should DEFINITELY have an LLC, you don't want to put investment properties in your own personal name. @Craig Kruse

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