Posts tagged “Accounting”.

Do I need a California business license to operate my Nevada LLC which hold/rent real estates in Nevada?

ibkid i asked:


I formed a Nevada LLC to hold my rental properties in Nevada. I live in California where I have all the mails forwarded to me.

1. Where should I claim as my principal place of business? I can do either Nevada or California.

2. Do I need a CA business license? All the properties are in NV and all the rental transactions are in NV. I do nothing in CA other than record keeping, accounting, as I live in CA.

COE