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Nevada Tax Advantages

The 10 best state in this year’s Index are:

  1. Wyoming
  2. South Dakota
  3. Alaska
  4. Florida
  5. Nevada
  6. Montana
  7. New Hempshire
  8. Utah
  9. Indiana
  10. Oregon

The 10 lowest ranked or worst states in this year’s index are:

  1. Rhode Island
  2. Louisiana
  3. Maryland
  4. Connecticut
  5. Ohio
  6. Minnesota
  7. Vermont
  8. California
  9. New York
  10. New Jersey

business tax index Nevada Tax Benefits
taxfoundation.org/state-business-tax-climate-index-2018/

Reasons why you should consider Nevada for your home and business:

  • No personal income tax
  • No corporate income tax
  • No gross receipts tax
  • No franchise tax
  • No inventory tax
  • No tax on issuance of corporate shares
  • No tax on sale or transfer of shares
  • No succession or inheritance with IRS
  • Protection for Directors and Officers
  • Business friendly environment

Reasons to consider Nevada when buying investment properties:

  • Favorable capitalization rates
  • No rent controls
  • No landlord paid tenant relocation assistance
  • No periodic city inspections
  • Landlord friendly eviction laws

Contact us for Las Vegas  relocation assistance. 

*Luxury Real Estate Advisors agents are not tax attorneys or CPAs. We strongly recommend that you consult your tax adviser to address your specific situation.