Cost of LLC tax and fees in Tennesse
Hi Memphis Real Estate people,
My name is Jack, and I am in negotiation for a property in Memphis. The property will be under an LLC.
Does anyone know what is the annual fee for the LLC Holding in Tennessee?
Do you know if there is a State tax for the property income in addition to the federal tax?
Any other special comments regarding tax payments for LLC in Tennessee will be highly appreciated. I know the answers of the members of this forum is not a replacement for tax consultation, but I would love to get your input and learn from your experience.
thanks so much
Jack