Is it needed to register a DE LLC in TX as foreign entity?

[Prashant Sheth]

If I am holding multiple properties in a DE LLC is it needed to register the entity as a foreign entity in texas? I won't have any office or employees. Thanks for your guidance

[Stanley Bronstein]

@Prashant Sheth If your Delaware LLC is owning income producing property in the state of Texas then it should register as a foreign LLC in the state of Texas. If all it will do is own something like raw land, then it would potentially be optional (but still recommended).

@Greg H. While it might not technically be required, no lender who does their proper due diligence will fund their loan on a Texas income producing property without the Delaware LLC that owns it registering in Texas. I've encountered this issue many times and the outcome is always the same.