Best Entity for California Residents

[Account Closed]

I'm trying to figure out the best entity for CA resident/investors that want to invest both in and out of state. I know a California LLC is required to pay 800.00 a year annual tax. I am already doing that with one LLC I own for a non REI business.

Are the California investors here using California LLCs, or perhaps Delaware Series or Nevada LLCs instead?

It looks like the Delaware Series is the way to go for multiple properties. But that I'd still have to pay the 800 per year to California because I reside here.

I am currently shopping for a good attorney, too.

~Matt