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Guillaume Vidallet
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Setting up LLC in my State or out of State

Guillaume Vidallet
Posted

Hello,

I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create my LLC in? Should it be a parent LLC to other LLCs for each properties? Thank you for your help!
Guillaume

  • Guillaume Vidallet
  • Most Popular Reply

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    Alfath Ahmed
    • Real Estate Agent
    • Columbus, OH
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    Alfath Ahmed
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Guillaume Vidallet:

    Hello,

    I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create my LLC in? Should it be a parent LLC to other LLCs for each properties? Thank you for your help!
    Guillaume


    I would not make too many LLCs unless you are aggressively buying property since you have to file taxes on every LLC. This makes your expense go up. LLCs do offer a lot of protection. If you own property in Ohio, I would use an Ohio LLC. You can have them tied back to a Delaware or Wyoming LLC which has the most anonymity.

    I can share an attorney that makes LLC

    business profile image
    ReafCo | Ahmed Group
    5.0 stars
    5 Reviews

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