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Tax, SDIRAs & Cost Segregation

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Lincoln James
  • Rental Property Investor
  • Chicago, IL
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Question about LLC and interstate tax strategy

Lincoln James
  • Rental Property Investor
  • Chicago, IL
Posted Jul 17 2018, 07:50

Can I put multiple properties from different states into one LLC? Or is there a strategy to splitting them up into different LLCs for different states for tax purposes?

I will double check this with an accountant, but off hand does anyone know whether the taxes due in each state are only from income made in that state or are they from the LLC's address state? Or both?

Thank you guys so much in advance for clearing this up!

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