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Updated over 6 years ago,
Delaware LLC for long term rentals
I am going to create an entity and my 3 priorities are...
1. Asset Protection
2. Anonymity
3. Tax advantageous (would be a plus)
I live in CA, and invest in 6 regions outside of CA. I am no longer comfortable with my umbrella policy and would like to increase my protection from liabilities.
Has anyone in CA, created a Delaware (or any outside state) entity to pursue similar agendas as myself?
The more research I do, the more complex it seems. I have talked with my CPA, and a few attorneys whom all gave very different advice.
Thanks for your input!
Cheers!!