Can I avoid California taxes with a Delaware LLC?

August 12, 2011

From:  Marcus
Date:  8 Oct 2008

Hello,

I'm a California real estate investor starting to "flip" residential properties. Am I able to avoid California state taxes and/or self-employment taxes by conducting these transactions using a Delaware LLC?

Thanks in advance.

Marcus

Answer

Date:  5 Nov 2008

Hello Marcus,

No.

Good luck!
Mike Gray

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