jeffmcpa2010
Level 11
02-16-2022
02:09 PM
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I have heard there is an Estate (Probate) (Probably depends on the state's involved) reason to have real property not in your home state in some kind of entity such as an LLC or Living Trust, but other than that it makes no sense. And in this case, it is now his home state of residence so that reasoning doesn't help.