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Updated over 6 years ago,
LLC Legal & tax protection structure 4 Calif prop with 1 member?
I am 1 person don't like to get my family involved, how can I structure an LLC to utilize the Trump new tax deduction and legal protection when california don't recognize 1 member LLCs and loose all the LLC legal protection?
I heard if I use 1 member LLC from WY and have california LLC in it, still the california will apply california law (dont recognize 1 member LLCs).
Will having an entity be my second member work or will it be penetrated?
Will having 2 members california LLC still benefit from new Trump's sole proprietor tax deduction code from last week?
Anyone with real life experienced with 1 member california LLC law suits last few years? does it have protection?
I am open to any other creative ideas?