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All Forum Posts by: Pankaj Sharma

Pankaj Sharma has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: Investing in MF property in Massachussetts as a non -state entity

Pankaj SharmaPosted
  • Posts 2
  • Votes 0

Basit, thanks for replying back. It helps make things clear. Let me explore the option of having my colleague become a registered agent

0 Votes
Buying & Selling Real Estate

Post: Investing in MF property in Massachussetts as a non -state entity

Pankaj SharmaPosted
  • Posts 2
  • Votes 0

I am planning to purchase a 6 unit MF property south of Boston. But I am a resident of the state of TN and not MA. Can I still buy a property with an LLC registered in say Delaware. What will be the implications for paying taxes in all three locations.

What is the best option to minimize tax related paperwork and paying tax in all three states.

On a side note, I do have two existing properties in MA with a partner who lives in MA but he is not partnering in this deal so I can't use his MA address.

0 Votes