LLC formation in what state

[Omaree G.]

Hello. I live in VA and intend to buy property in GA. I currently hold my rental in VA under an VA LLC. Is it best for me to open a GA LLC for the GA property or can I transfer the GA property into the VA LLC after closing? Any info helps. Thanks!!

[Aaron K.]

Best to have the LLC in the state you are doing business but since you already have an LLC as long as you foreign qualify it in GA it will be about the same cost and same everything else, it will just put both your properties in the same LLC