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Updated over 5 years ago on . Most recent reply

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Shafi Noss
  • Investor
  • Nationwide
304
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558
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LLC Restrictions, Delaware

Shafi Noss
  • Investor
  • Nationwide
Posted

Hey BP,

A partner and I are creating a multifamily holding company. We're located in MD and VA but read several people recommend creating the LLC in other states like Delaware and Wyoming. But Delaware asks for a registered agent with a street address (https://corp.delaware.gov/howt...), is it worth it to get one? Where do you recommend creating a holding LLC? Is a holding company even the right way to structure this if we are planning on scaling?

Most Popular Reply

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325
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Erik Hatch
  • Rental Property Investor
  • USA
222
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325
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Erik Hatch
  • Rental Property Investor
  • USA
Replied

@Matty Foley just my preference and one of the states that @Shafi Noss had mentioned. My holding LLC is in Wyoming and has my trust as it's member. There is also charge off protection and anonymity.

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