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Updated almost 7 years ago on . Most recent reply
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Out of state LLC for CA property to preserve privacy
I have heard it's possible to form an LLC out of state in order to hold a property held in CA. I would want to form the LLC in a state that doesn't require the publishing of owners. Is this possible and does it have any legal or tax consequences down the line? I'm planning on doing a 1031/121 combined exchange/exclusion in a couple years.