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Multi-Family and Apartment Investing

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Damon Jackson
  • Brooklyn, NY
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If I live in NYC vs Massachusetts LLC

Damon Jackson
  • Brooklyn, NY
Posted Nov 23 2022, 15:54

Hey BP,

I live in NYC and have a multi-family investment property in Massachusetts. I'm looking into forming an LLC but I'm not sure which state to form it in, NY or Mass? Any advice would be great.

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Bjorn Ahlblad
Pro Member
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
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Bjorn Ahlblad
Pro Member
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied Nov 23 2022, 16:37

I would advise Wyoming ir Delaware perhaps the most popular LLC states in the US. Go to Legalzoom or a similar site and they will guide you through the process.

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Olia Fogel
  • Attorney
  • New York
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Olia Fogel
  • Attorney
  • New York
Replied Nov 24 2022, 07:03

Hi Damon,

Is your plan to form an LLC to hold this property or to manage it, or both?

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