ilmscore | LLCs (Jurisdiction) Predictions
LLC

LLCs (Jurisdiction)

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Recent Predictions

Total: 1
Correct: 0
Incorrect: 0
Pending: 1
Prediction
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Predicted at
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Video
The LLC for a real estate asset should be formed in the state where the asset is located, as judges will apply the local state law in liability issues, regardless of where the LLC was originally formed or the owner resides.
"So if you have a liability issue in California, meaning a lawsuit, the judge is going to follow Cali..."
BiggerPockets BiggerPockets
Sep 1, 2025
Pending
Should You Get an LL...