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Updated about 6 years ago, 11/04/2018
State tax as a reason not to get into new state?
Live in CA. Have 3 investments in Multi family and flip via syndication in FL, TX and CA.
Syndication now offers me opportunity in Atlanta GA. Seems to me that it is a problem for me since it will be my first (and hence small, 50K investment) which will trigger me having to pay my CPA next year extra $100 or so to file my taxes in GA (right?)
TX and FL don't trigger that, and CA does but I already live here so... :-) Would you not enter a new state for this reason?