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

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John Leah
  • New York City, NY
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Out-of-state LLC for anonymity? And tax reporting requirement?

John Leah
  • New York City, NY
Posted

Hi,

I have a 2-part question seeking some level of clarity from the group as my own research has not been conclusive.

I would like to set up a LLC primarily to hold RE investments like private equity/debt funds or syndications but would like to keep my name hidden(at least not easily publicly searchable). I read/heard that a LLC formed in New Mexico with a registered agent would accomplish that as one's personal information do not need to be disclosed when filing, only the agent's information is used.

Is this understanding correct?     The information I got is mostly from: www.newmexicoregisteredagent.com

Now following that thought, as the RE investment funds held in my LLC will be most likely be LLCs with properties in multiple states, when they file K-1s in various states, is my LLC required to file in those states as well? The reason I ask is that if I invested in these RE funds as myself(not LLC), with the K1s pass-throughed to me, I only need to file when the state-specific income exceeds the minimum income level for filing in that state. I heard this may not be true if I invested via an LLC with the K1s passed through to my LLC. Does anyone have any insight?

Thanks much in advance.

John

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