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Tax, SDIRAs & Cost Segregation

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Jane Ng
  • Investor
  • Walnut Creek, CA
9
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19
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Out of State Investors with LLC's

Jane Ng
  • Investor
  • Walnut Creek, CA
Posted Jan 5 2021, 15:44

I am an out of state investor (live in CA) and currently invest in two different states (outside of CA). I created a Wyoming LLC and would love your thoughts on the following:

- Do I need to foreign file in each of the states I own property in? If yes - when do I need to do this by?

- For those of you with multiple LLC's, do you have them under one LLC Holding Company? If so - do you only pay taxes on that one Holding Company or taxes on each LLC?

Thanks in advance!

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