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Updated over 4 years ago,

User Stats

12
Posts
1
Votes
Chris L.
  • Health Care
  • Manhattan Beach, CA
1
Votes |
12
Posts

Texas LLC while living in california

Chris L.
  • Health Care
  • Manhattan Beach, CA
Posted

I live in california and have been speaking to my CPA about creating an LLC for purchasing property. He advised against in for properties in california because of the associated costs/tax with little extra benefit. If I were to invest out of state, e.g. texas, can I create a Texas LLC and not be subject to the burdens of a California LLC? I'm guessing my LLC would be taxed under Texas state law. Thanks in advance for any advice

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