WHERE WE LEND
Lending Map
Our loan programs are approved in 48 out of 50 US States!
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ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
FLORIDA
GEORGIA
HAWAII
ILLINOIS
IDAHO
ILLINOIS
INDIANA
IOWA
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MISSISSIPPI
MISSOURI
MONTANA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WASHINGTON DC
WEST VIRGINIA
WISCONSIN
WYOMING
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NEVADA
NORTH DAKOTA
SOUTH DAKOTA
Things to Consider if Vesting Under an LLC
☑ Where you form your LLC – in the state where the property is located vs the state you reside / file taxes.
☑ Some states may require a Foreign Entity Registration for our of State LLC's.
☑ Increased tax expense – returns required to be filed for each LLC
Foreign LLC Definition
A Foreign LLC is simply an LLC that was formed in one state (it’s “home state”, where the LLC is known as a Domestic LLC) that is registering to do business in a new state. When a business expands to operate out of, and do business in multiple states, it must register (or “qualify”) as a Foreign LLC in each new state where it wishes to operate.
Foreign LLCs and “Doing Business”
As to whether or not you need to register your LLC as a Foreign LLC in another state comes down to whether or not you are legally “doing business” in that state. Each state has different laws when it comes to the definition of “doing business”, so if you’re not sure whether you need to register a Foreign LLC or not, we recommend reaching out to a few attorneys for a quick chat.
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