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Justin Hunt
  • Berkeley, CA
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Out of state investing from CA

Justin Hunt
  • Berkeley, CA
Posted Apr 15 2017, 15:29
Any out of state , while living in California investors out there? How do the tax laws impact you here? Here's a specific, the state that I invest in, SC, enables you to secure individual properties by individual LLC's. For example, 1 SFR:1 LLC. However, my current understanding of CA tax laws is that any LLC operating primarily within CA must pay a minimum tax of $800. Thoughts / ideas?

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