i am debating whether to incorporate an investment (stocks only) partnership as a LP or GP. the partnership would be for investment purposes.

the problem i have is at least one of the partners would be in Massachusetts, whereas i am in California. i don't want to have them have to fill out California tax forms if i can help it! the partnership does not manage any property owned in California, and does not do business in California.

is this like C-Corp incorporation, where i can choose any state to incorporate in? can i incorporate in Mass to avoid Calif tax returns to non-Calif tax partners?

greyJester