Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on .
Most recent reply
presented by

Buying 1st door out of state, how to go about getting an LLC?
Hey all,
I'm looking at buying my 1st door out of state where I live. I'm a little lost in terms of how to go about setting up the LLC? Do I create a foreign LLC through my local state page, or do I need to create one in the state where the property will be?
My plan given this will be a financed deal is that the mortgage will be in my name, and the LLC will cover the rental aspect to prevent personal liability.
Looking forward to the adventure!