Guidant Financial Group Blog

I currently have a self-directed IRA/LLC with Guidant. The LLC that I have is filed in Florida; however, I have recently moved to Georgia. If I plan to purchase a piece of property in Georgia, will I need to re-file my LLC?

-- Brenda (Atlanta, Ga.)

Yes. Regardless of your state of residence, the minute you make a real property investment in a state, you will need to file your LLC there as a “foreign entity.” Filing as a foreign entity simply means that your LLC will have dual registration in the initial state of filing (in your case, Florida), and in the new state of filing.

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