{"id":31174,"date":"2021-02-18T12:32:00","date_gmt":"2021-02-18T17:32:00","guid":{"rendered":"https:\/\/philip.greenspun.com\/blog\/?p=31174"},"modified":"2021-02-09T15:35:30","modified_gmt":"2021-02-09T20:35:30","slug":"wealth-migration-from-new-york-measured-by-k-1s","status":"publish","type":"post","link":"https:\/\/philip.greenspun.com\/blog\/2021\/02\/18\/wealth-migration-from-new-york-measured-by-k-1s\/","title":{"rendered":"Wealth migration from New York measured by K-1s"},"content":{"rendered":"\n<p>A friend of a friend runs a real estate business in Manhattan: &#8220;We have 18 limited partners,&#8221; he said. &#8220;Ten years ago, we mailed 18 K-1s to New York addresses. This year it was 0.&#8221; Where did the rich limiteds migrate to? &#8220;Two went overseas, one to Switzerland. Most of the rest went to states with no income tax. Florida, South Dakota.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A friend of a friend runs a real estate business in Manhattan: &#8220;We have 18 limited partners,&#8221; he said. &#8220;Ten years ago, we mailed 18 K-1s to New [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[66],"tags":[],"class_list":["post-31174","post","type-post","status-publish","format-standard","hentry","category-new-york"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wealth migration from New York measured by K-1s - Philip Greenspun\u2019s Weblog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/philip.greenspun.com\/blog\/2021\/02\/18\/wealth-migration-from-new-york-measured-by-k-1s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wealth migration from New York measured by K-1s - Philip Greenspun\u2019s Weblog\" \/>\n<meta property=\"og:description\" content=\"A friend of a friend runs a real estate business in Manhattan: &#8220;We have 18 limited partners,&#8221; 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