Tax, SDIRAs & Cost Segregation

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Wesley W.
  • Rental Property Investor
  • The Vampire State
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LLCs to hold out-of-state RE

Wesley W.
  • Rental Property Investor
  • The Vampire State
Posted Jun 30 2019, 05:57

Hello all,

Is it permissible to form an LLC is one state, but then use that entity to hold RE in another state?

The reason I ask is I have some LLCs in my home state that currently do not hold any assets, but I am looking to purchase commercial properties in another state and would like to hold them in an LLC.

Thanks in advance!

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