Updated over 15 years ago on . Most recent reply
Cross state investing
Looking to potentially invest in other states for commercial REI. I was wondering about the proper entity structure and potential tax or other implications of doing so. Is this a situation where I could incorporate as a Delaware LLC or something, or should I keep the LLC filed in my home state, or file one in each state in which I plan to invest. What other considerations am I overlooking?
Or for example, if I plan to seek financing from a local bank in the area of investment as opposed to seeking financing in my home state, with this affect deal structure. I would assume it would be easier to get financing in the state in which I will be investing, and if I am incorporated in my home state what complications might this cause?