Does anyone own a second home/ vacation home (not a rental property) in SC while living in another state? How do you get around the non-resident tax rate?

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Is that the 6% rate? That’s a lot. I pay less than 1% of my home value in California.

Caveat: I’m not licensed to practice in SC, but I’m very interested in this stuff. I’d call an SC lawyer or an accountant who specializes in this. I did a quick search, and what I see is that it only applies to income earned in SC. Or property rentals in SC. If you’re. If you’re not renting it out, consider an LLC in Delaware or Wyoming as the owner—Wyoming especially makes it almost impossible to find the people at whatever level behind the LLC. And BOI requirements are no longer applicable to US citizens or permanent residents who own companies. But you can’t be the first person to be concerned about this. And come to think of it, an accountant with experience in this area would be my way to start. It I do this kind d of stuff for clients in NY. (I also practice in FL but there’s no income tax there to avoid—notice I said avoid, not evade.)

In your view sc1 could a South Carolina corporation (which OP could easily form) work as a beneficiary or sole owner of an LLC that owns the property? While OP needs a South Carolina professional on this, I could talk about this stuff all day.

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