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Updated over 4 years ago,
Wholesaling in Another state- LLC advice, taxes?
Hey guys! Of course, at the end of the day this is best ran by a lawyer, but I'm thinking it's not that complicated of a question and wanted to get some feedback from those who have either gone through this or are simply knowledgeable on the subject.
I'm considering investing/wholesaling in a market outside of my own state. Is it important to open up an LLC in that new state, or does it matter all that much? Can I simply continue running operations through an already-existing LLC within my state? What should I consider and keep in mind (legal or tax-wise)?
Any feedback helps! Sorry if it's a dumb question :P
Cheers