- Joined
- Sep 7, 2011
- Messages
- 88
Rep Bank
$380
$380
User Power: 72%
Hi,
I'm about to go into two real estate deals - one is going into a partnership on a lot in Williamsburg NY to build 8 apartments in about 18 months, the other is a large office building in Huston TX which will be renovated and turned into apartments.
I'm not a US resident. I'm a perpetual traveler and don't pay person income tax as I don't stay more than 3 months in any country, I've been doing this for 10 years.
Where is the best place to register an LLC that will hold these properties for me for the lowest taxes and fees? Delaware? TX? Nevada? I will need a local (USA) bank account or can the LLC account be in another country? Or can I have the LLC but run the money (in/out) from my personal account?
Thank you!
I'm about to go into two real estate deals - one is going into a partnership on a lot in Williamsburg NY to build 8 apartments in about 18 months, the other is a large office building in Huston TX which will be renovated and turned into apartments.
I'm not a US resident. I'm a perpetual traveler and don't pay person income tax as I don't stay more than 3 months in any country, I've been doing this for 10 years.
Where is the best place to register an LLC that will hold these properties for me for the lowest taxes and fees? Delaware? TX? Nevada? I will need a local (USA) bank account or can the LLC account be in another country? Or can I have the LLC but run the money (in/out) from my personal account?
Thank you!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
