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Tax, SDIRAs & Cost Segregation

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Brodie Sharpe
  • Dallas, TX
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Outsiders state LLC registration

Brodie Sharpe
  • Dallas, TX
Posted Jan 18 2017, 14:20

Hello,

I am new to the real estate world and have an LLC based in Utah. My accountant is completing my tax return and because we are focusing our attention on Texas (even though I haven't made any money yet) has advised me that any company completing transactions in any other state (other than Utah) will have to register in that state.

I contacted the Texas Secretary of State and the fee is $750 but no one can really give me much advice on whether I actually need to register. 

Any advice?

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