Legal Question in Business Law in Delaware

Where to register Limited Liability Company (LLC)

Hello,

I'm thinking of investing in real estate properties ( Resi &

Commerical) and have decided to by property in New England area, I

currently live in MASS.

Q1. Do I need to register my LLC in each state where I buy real estate??

Q2. Could I open/register my company (LLC) in Delaware and buy property in New England area or anywhere in United States. If Yes Please explain in detail.


Asked on 3/11/04, 3:19 pm

2 Answers from Attorneys

Re: Where to register Limited Liability Company (LLC)

If you form a DE LLC you will have to register it to do business in MA. The cost will be the same as if filed an LLC in MA. In every state you purchase real property you will have to register your LLC to do business there.

There are many different ways of analyzing holding structures in real estate and the tax implications can be bery real both respect to federal and state income taxation. You should consult an attorney and your accountant before settling on any structure if you are engaging in multi-state transactions.

Please feel free to contact me if you have more questions.

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Answered on 3/11/04, 8:14 pm
Nance Lyons Law Office of Nance Lyons

Re: Where to register Limited Liability Company (LLC)

This is not a free legal services cite. Consult with a lawyer.

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Answered on 3/15/04, 3:16 pm


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