Legal Question in Business Law in New York
I live in NYC and want to start a real estate investment business, I'm going to look for land in Massachusetts to begin should i open and s corp or an llc in nyc or mass ?
2 Answers from Attorneys
This depends. If the business will have a NY presence then presumably you would domicile here then qualify the entity to do business in MA as well and anywhere else you are actively involved.
If there is no real NY presence and all the activity will occur in MA, then there is little need to set up here.
If you need more clarification, I suggest that you consult with a lawyer in private and discuss your objectives in more detail. You can start by calling around to several for a free phone consultation, get some insights then pick the best fit to work with.
If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.
Our firm is now referred by the American Bar Association (see under the New York section):
http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html
Kind regards,
Frank
www.LanternLegal.com
866-871-8655
DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.
You have to see a lawyer face to face and discuss your business venture in more detail. This isn't the type of question which you can expect to get free advice on the internet; you're starting a business and there are costs associated with starting a business. Don't be penny-wise and pound foolish.
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