Updated over 1 year ago on . Most recent reply
Re-purposing LLC for a partnership
Dear all, I have the opportunity to invest in a property (a retreat hotel not far from me) as a limited partner. I am supposed to enter the agreement with an LLC and I am wondering if I would be able to re-purpose an LLC that we set up in Ohio earlier this year but never did anything with. The Ohio LLC has a Wyoming LLC above it and its just sitting around... does anyone know if the LLC needs to be in the state the retreat is in or that I live in (Hawaii)? Since I am not actually purchasing the property myself and am only partnering (amongst others), does it matter? Thanks a lot for any help and advice