Taxes on Rental Income

[Alexander Spira]

Hi Everybody. Great news I closed on my first single family house. We hope to get the renovations started up next week. 

The question is I live in NY and the property is in Baltimore, for tax purposes is it better to open up the LLC for the rehab costs and future rental income in Baltimore or NY. We all have to pay taxes but we don't need to pay them twice or more then we have to. Any advice as to where I should open up the LLC.

Thanks to all in advance.