Business formation and which state for tax purposes

Hi all,

My business partner and I are buying our 1st midsize 51lot mhp in mississippi. We both live in Georgia. Next year I will move to Florida. I will have quite a bit larger ownership stake. Any advice on which state to start the partnership llc, Miss Florida (no state income taxes). Anyone that could help me navigate this and the formation structure?


Just search the forum here for “Holding company LLC.”

That post had tons of discussion I think.

I’ve been working out of Florida for many years, including owning LLC’s in TN, GA, and FL. I highly recommend Florida. No State Income tax, and very strong asset protection.

Hi all thank you very much for the replies. I appreciate the advice and help from experienced operators.

how did you solve the issue? …