All Forum Posts by: Veritas Harmer
Veritas Harmer has started 1 posts and replied 1 times.
I know this may be a simple question but I am having trouble finding the answer. 1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes? I live in Illinois but the property that would make money rental income would be in Missouri.
I have not yet set up my LLC, I was planning on making it in Missouri as it seems to cost less no annual fees. I still haven't decided on whether to make it a domestic or foreign LLC in Missouri. I was thinking about starting a foreign LLC in Missouri so that I could purchase real estate outside of the state in the future if I so choose.
Appreciate the help!