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Do I need to register my real estate LLC in my home state?

In your best state to form an LLC article, you mentioned that for real estate investments, it makes more sense to register your LLC in the state where your investment property is located in. However, won’t you still need to register your LLC as a Foreign LLC in your home state? If so, how is a real estate investment related LLC different from any other LLC where you say registering at your local state is cheaper?

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How to come up with a good business name?

Creating a name for your company is the highest leverage activity you can take part in. Follow these 4 simple tips to create an excellent business name. Make use of alliteration and rhyming so your name “sticks” in the phonological loop, your subconscious mind + some time is a powerful force, and a few tips on finding the best domain name as well.

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Posted in: Name

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Can I use an LLC for a personal residence I already own?

If you already own a home (where you’ve taken title in your name), just forming an LLC will not protect you. A lot of people make this mental mistake. To get the liability protection from the LLC, you’d need to transfer the home from your name to the name of your LLC. You need to do this at a title company, and there will be additional costs.

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Posted in: Questions, Real Estate LLC

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