Tax implications of reinvesting 100% of profits

[Steven Torok]

Hi all!

I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.

I own, through a LLC, a few rentals which are fully paid for, and am in the position to just reinvest all profits.

I assume there are local/state tax implications, therefore I am looking for some general direction here.

I am new to Biggerpocketsville, thus your feedback is highly appreciated!

Many thanks!

Cheers,Steve