Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

22
Posts
21
Votes
Lincoln James
  • Rental Property Investor
  • Chicago, IL
21
Votes |
22
Posts

Question about LLC and interstate tax strategy

Lincoln James
  • Rental Property Investor
  • Chicago, IL
Posted

Can I put multiple properties from different states into one LLC? Or is there a strategy to splitting them up into different LLCs for different states for tax purposes?

I will double check this with an accountant, but off hand does anyone know whether the taxes due in each state are only from income made in that state or are they from the LLC's address state? Or both?

Thank you guys so much in advance for clearing this up!

Most Popular Reply

User Stats

7,695
Posts
7,859
Votes
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,859
Votes |
7,695
Posts
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

Lincoln James I was looking at this just the other day. Taxes are paid where money is made. Remember that and you’re golden.

You can use one llc and hold properties in all 50 states if you wanted to. The money made in each state pays taxes if applicable to that state. Doesn’t matter if it’s owned by another out of state llc or whatever.

No tax advice given

Loading replies...