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Updated over 7 years ago on . Most recent reply

User Stats

41
Posts
18
Votes
Chuck Dangar
  • Rental Property Investor
  • Decatur, GA
18
Votes |
41
Posts

Buying Rental Property Out of State

Chuck Dangar
  • Rental Property Investor
  • Decatur, GA
Posted

I'm about to purchase a house in Alabama but live in Atlanta, I found out that I will need to file the LLC in Alabama and get a registered agent with a real address. I want to get a business account at my bank here in Atlanta but don't know if I'll have to get a business account in Alabama instead that links with the LLC filed in
Alabama.  Does anyone know?  I also want to purchase the house with a check that will be coming from a personal non business account here in Atlanta.  Is that possible or do I have to buy rental property from the business account in the state the house stands.  Confused? Yes I am...

Most Popular Reply

User Stats

76
Posts
37
Votes
Leon Li
  • Rental Property Investor
  • Bothell, WA
37
Votes |
76
Posts
Leon Li
  • Rental Property Investor
  • Bothell, WA
Replied
like you said in order to put that property in LLC u must open a LLC in Alabama and also have the attorney be registered agent. Then all the other questions you should be asking the attorney.

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