Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on .
What is the best way to set up an LLC for out of state investors?
I live in Florida but currently own properties in Alabama. One was a recent tax lien and the others are inherited properties. I would like to know the best way to set up an LLC. Should I do it Florida and pay the foreign tax in Alabama at the end of the year? Or should I set it up in Alabama? I plan to invest in other states too, if I find the right opportunity.