Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Investing in MF property in Massachussetts as a non -state entity
I am planning to purchase a 6 unit MF property south of Boston. But I am a resident of the state of TN and not MA. Can I still buy a property with an LLC registered in say Delaware. What will be the implications for paying taxes in all three locations.
What is the best option to minimize tax related paperwork and paying tax in all three states.
On a side note, I do have two existing properties in MA with a partner who lives in MA but he is not partnering in this deal so I can't use his MA address.