![]() This will most likely be true even if you happen to live in a state with high fees or high taxes (for example, California or Massachusetts).ĭomestic vs. If you’re not certain if any of these exceptions apply to you, you should consult with an experienced business attorney who can help you make the right choice.īest for: Ease, simplicity and cost-effectivenessĭespite everything you might have heard online or from well-meaning friends, in most cases the best state to start your LLC is your home state (that is, the state in which you reside). Your nonresident status may mean you’ll attract nonresident taxes, so you should consult with a tax professional before forming your LLC. Since you don’t actually reside in the United States, you don’t have a home state so this rule of thumb won’t apply to you. In this case, it’s likely better for you to start your LLC in the state in which your LLC will be investing in real estate. This means your LLC will be operating its business in the state where it’s invested in real estate, since that’s where you’ll be renting out your property or selling it for gain.
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