Q: A C corporation formed in WA State has one employee in TN State who works remotely from his home. The business has
purchased some investment properties in TN. These are single family homes that are never rented. They are purchased, held for less than a year and then sold after some repairs. The properties are all bought and sold through independent real estate agents. Does the business need to register as a foreign corporation in TN?
A: I would recommend registering with the Secretary of State. At some point the corporation will need to sue someone, and then it will be important that standing issues are not existent. If title or lien problems come up, it will also help that the corporation has a legal presence here.
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