Tax, SDIRAs & Cost Segregation
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 2 years ago on .

Aleiviating the Taxes and LLC
I reside in a state that HAS state income tax, however I have rentals in FL and FLorida does not have state income Tax.
If I want to put those rentals into an LLC, can I avoid paying state income tax on the rentals in FL, by assigning the address of that LLC to another home we own in FL (with a mail forwarding address to the state in which we reside),
OR
do I have to assign the rental LLC in Florida to my current state in which I reside and pay the state income tax where I reside on the property in Florida that is generating income in a non income tax state?