[WSBAPT] Holding WA real property in out-of-state RLT

[Eric Nelsen]

Okay, maybe I haven't had sufficient caffeine this morning, but I just was asked if it's okay to hold WA real estate in an RLT whose principal situs, and Trustee's domicile, is in another state.

That seems fine to me, but then suddenly I started doubting myself. It is okay to do that, right? It's an RLT so there isn't even the issue as with an LLC where it could have state income tax implications by shifting rental income from one state to another?

Sincerely,

Eric

Eric C. Nelsen
Sayre Law Offices, PLLC
1417 31st Ave South
Seattle WA 98144-3909
206-625-0092
eric at sayrelawoffices.com<mailto:eric at sayrelawoffices.com>

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