Living Will California Form
Which state is best for Real estate LLC’s?
I am forming an LLC to purchase rental real estate in Nebraska, I live in California. I will be buying about 25 houses. Does it make sense to form an LLC in Nebraska since that is where the real estate is located (as well as the property ,management company)? I live in California but the state of California charges $800 a year in fees just for the privlege, which seems high to me. Are Nevada and Delaware worth looking into or should I keep it simple and stay with either Nebraska or California? Thanks for your help!
deleware and nevada are good for corporations but I dont think there is a benefit to an LLC.
I have an LLC in WA and the fees are not much at all. I am sure there are some but they are so small it doesnt bother my wife or I. I can’t guarantee you $800 is well past the pain threshhold.
Do it in nebraska, you will be very likely to save money on everything. Lawyers charge more in CA too just to set it up.
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