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Rich Thomas's profile image
Rich Thomas's profile image
Rich Thomas
  • Investor
  • from Salem, MA
  • Member since Mar 10, 2016

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Rich Thomas's profile image
Rich Thomas's profile image
Rich Thomas
  • Investor
  • from Salem, MA
  • Member since Mar 10, 2016
Rich Thomas
  • Investor
  • Salem, MA
62
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124
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Tax, SDIRAs & Cost Segregation

LLC for state I live in or invest in?

Rich Thomas
  • Investor
  • Salem, MA
Posted
Hello, Small investor from Boston Ma area...Looking to invest out of state in large multi family. Would I open an LLC in the state I am investing in or the state in which I reside? Thanks in advance!
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Logan Allec's profile image
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Logan Allec
  • Accountant
  • from Los Angeles, CA
  • Member since Nov 3, 2014

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Logan Allec
  • Accountant
  • from Los Angeles, CA
  • Member since Nov 3, 2014
Logan Allec
  • Accountant
  • Los Angeles, CA
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Logan Allec
  • Accountant
  • Los Angeles, CA
Replied

@Rich Thomas I am not an attorney, but the advice I have heard attorneys give my clients is to form the LLC in the state where they are investing.

  • Logan Allec
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