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Updated about 2 years ago,
Looking for a CPA and Asset Protection Attorney.
My big question is: Does it matter where the CPA and Asset Protection Attorney are located?
Details: I live in Utah and own one duplex in Tennessee which I purchased earlier this year. I have never filed taxes as an investment real estate owner and my property is titled in my name, not an LLC (yet). I want to find an excellent CPA and attorney to help me minimize taxes and set up my asset protection structure.
Question about CPA: I've read that a CPA can be located anywhere but have also read that it helps if they are familiar with state tax laws. Would that be for the state I reside in or the state I invest in?
Question about attorney: I've read that it's best to set up your LLC in certain states, such as Wyoming. Is there any reason the attorney I hire should be located in Utah, or Tennessee or the state where the LLC should be formed?
If you have an answer for me and also have a CPA or attorney referral, please let me know. Thanks!