Nevada LLC v Connecticut LLC
Hello All,
An absolute newbie here!
I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an LLC in the state we are flipping in.
We would be investing and flipping in CT & NY.
How does the creation of the LLC in NV 'trump' one in CT or NY? Is it more beneficial to have it registered in NV and pay the out of state fee's etc?
Any help or assistance is greatly appreciated.
Thanks in advance for your experience and knowledge on this complicated issue!
Cheers