Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . presented by

User Stats

29
Posts
10
Votes
Jordan Jaramillo
  • Rental Property Investor
  • Pensacola, FL
10
Votes |
29
Posts

Aleiviating the Taxes and LLC

Jordan Jaramillo
  • Rental Property Investor
  • Pensacola, FL
Posted

I reside in a state that HAS state income tax, however I have rentals in FL and FLorida does not have state income Tax.

If I want to put those rentals into an LLC, can I avoid paying state income tax on the rentals in FL, by assigning the address of that LLC to another home we own in FL (with a mail forwarding address to the state in which we reside),

OR

do I have to assign the rental LLC in Florida to my current state in which I reside and pay the state income tax where I reside on the property in Florida that is generating income in a non income tax state?