New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
How to best setup a LLC for real state? I’m from Brazil and I’m planning to have a Brazilian holding company to be the owner of my LLC. Is this the best scenario?
Gianfranco,
When owning Real Estate property under a company, the business must be registered in the state where the property is physically located, typically as an LLC.
It is common for real estate businesses to set up a holding company, either an LLC or a Corporation, which can be an international entity or U.S. entity, which in turn owns separate LLC’s in various states.
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