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Updated almost 5 years ago,

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Serge Joseph
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Outside State Wholesale Tax Implications

Serge Joseph
Posted

Being that I am based in the state of NY, it is tougher to organize wholesales due to legislation and attorneys. If I wanted to wholesale properties in an outside state, would that have any extra tax implications.

Example)

Based in: New York (NY)

Wholesale Property: New Jersey (NJ)

Would there be any any extra state taxes that would have to be paid?

Thank you!