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Tax, SDIRAs & Cost Segregation

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18
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17
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Anthony Warren
  • Flipper/Rehabber
  • New York, NY
17
Votes |
18
Posts

Taxes on a llc when doing a fix and flip

Anthony Warren
  • Flipper/Rehabber
  • New York, NY
Posted May 25 2020, 09:57

So my llc is formed and operating business only in Ohio and as single member. But I lived in New Jersey. Would I get taxed from New Jersey or Ohio on profit? And I’m keeping the profit in the business to reinvest.

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