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Updated almost 7 years ago,
LLC taxes. Do i need to open out of state LLC?
I have read a lot but am still unsure.
I live in California, investing in Florida.
Which state to register LLC in?
I will be flip and sell and flip and hold.
I have a regular w2 day job making 90k.
How will LLC help my taxes specifically? In both hold and flip?
In Florida, LLC doesnt seem to add much asset protection.
Thanks for helping a newbie!