Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago,

User Stats

32
Posts
12
Votes
Melody T.
  • Investor
  • California
12
Votes |
32
Posts

Advice for Entity formation (Reside in CA, investing out of state)

Melody T.
  • Investor
  • California
Posted

I'm looking to better understand how folks who live in CA structure their investment entities that are out of state. I'm looking at some investments in OH and will create a LLC there to own the property, but I can't quite figure out how (or IF) I can avoid registering the entity (as a foreign entity) in CA, where I reside. If I'm required to do that (which I think I may be) I'm going to have to pay $800 state franchise tax every year, for each LLC. There has to be a better way. Any input would be appreciated. Thanks

Loading replies...