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Updated about 7 years ago on . Most recent reply presented by

Rich Thomas's profile image
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Rich Thomas
  • Investor
  • from Salem, Massachusetts
  • Member since Mar 10, 2016
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Rich Thomas
  • Investor
  • from Salem, Massachusetts
  • Member since Mar 10, 2016
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Rich Thomas
  • Investor
  • Salem, MA
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Tax, SDIRAs & Cost Segregation

LLC for state I live in or invest in?

Rich Thomas
  • Investor
  • Salem, MA
Posted
Hello, Small investor from Boston Ma area...Looking to invest out of state in large multi family. Would I open an LLC in the state I am investing in or the state in which I reside? Thanks in advance!
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Logan Allec
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Logan Allec
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Logan Allec
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Logan Allec
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  • Los Angeles, CA
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@Rich Thomas I am not an attorney, but the advice I have heard attorneys give my clients is to form the LLC in the state where they are investing.

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