Incorporation State

I am starting a real estate investment business, and I live in WA. The properties I buy and sell will likely be in WA in the first couple years. I was told by a professional tax company that NV is the best state to incorporate in since NV does not have any form of business tax while WA has B&O tax which taxes on gross receipt.

I was told that if my company is a NV company, I do not need to pay WA B&O taxes on buying and selling properties in WA, and I will not be subject to other state’s tax law if I ever buy and sell in other state. Is that true? It just sounds too good to be true to me.

He did confirm that if I buy a property in WA and rent it, it’s subjected to WA tax system, but not buy and sell.

Does anyone know anything about this? Thanks!!

if you do biz in WA and incorporate in NV you will more in taxes than if you just incorporated in WA.
that being said, you still better off incorporating in WA from a liability standpoint. post this in the legal forum for a more accurate reply.