Real estate purchase in the US

Asked by: Linda - 8 September, 2013

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Hi I want to buy a real estate property in California, according to your recommendation that I should register a LLC in California rather than in Delaware. Why? What is the cons' and Pro's

Answered by: Robert Kowalski - 8 September, 2013

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Linda,

If you plan to own a real estate property with an LLC, this LLC must be registered in the state where the property is located. So if you buy a California property using a Delaware LLC you will need to register that LLC in California as "foreign entity". In other words, it's simpler and cheaper to just register an LLC in California.

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Real estate purchase in the US

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