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Updated about 6 years ago,

User Stats

15
Posts
18
Votes
Frank Greco
  • Rental Property Investor
  • Atlantic Highlands, NJ
18
Votes |
15
Posts

Best tax strategy when investing out of state?

Frank Greco
  • Rental Property Investor
  • Atlantic Highlands, NJ
Posted

My LLC is domiciled in NJ. It holds a couple of LLCs that own property. I'm looking at properties in Florida and may move there. What is the best way to acquire new property in Florida? In a Florida LLC? Create Delaware holding LLC?

Looking for long term strategy to minimize taxes. Existing properties in NJ may be 1031 exchanged at some point in future.

Thanks in advance for the help and Happy New Year!

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