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Updated almost 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • New Jersey
6
Votes |
18
Posts

Real Estate LLC structure with Holding Company?

Account Closed
  • Rental Property Investor
  • New Jersey
Posted

Hi all,

I currently have 4 properties.

One SFH in Memphis in a Memphis LLC

One SFH in Dallas in a Dallas LLC

Two Duplexes in Dallas in a NEW JERSEY LLC

Here are my questions if someone can help.

1. Does the LLC HAVE to be in the state where the property in located? i.e did I make a mistake placing the Dallas duplexes in a NJ LLC?

2. Do i just form a Wyoming or Delaware Holding company LLC and place the other 3 LLCs under it for maximum liability protection? Is that how its done - just making sure i'm doing this right. How are they slid under the Holding Comapany LLC (is there a question asked during the formation that allows the other 3 LLC's to be added under the Holding company?)

3. Wyoming or Delaware for the Holding Company LLC? I have a Medical LLC also that I may want to add under the Holding Company as well.

Thank you for any guidance!

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