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Updated almost 5 years ago on . Most recent reply

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3
Posts
2
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Duc T Tran
  • san jose, ca
2
Votes |
3
Posts

Asset Protection Attorney for CA, MI, Ohio, WA rentals (CA res)

Duc T Tran
  • san jose, ca
Posted

HI All, I am living in CA. Have rentals in CA, MI, Ohio, WA. I am looking for Asset Protection Attorney to help me to structure what best for me. I was thinking about doing the below vs. combine it with Series LLC.

Holding/Parent LLC to hold child LLCs.

1. 1 LLC in MI to hold all Detroit Properties. (child LLC)

2. 1 LLC in Ohio to hold all Ohio Properties (child LLC)

3. 1 LLC in WA to hold all WA Properties (child LLC)

4. 1 LLC in CA as holding all CA Properties (child LLC)

5. The Holding LLC (Parent) to be open in Wyoming to hold the above 4 child LLCs.

Then, also put the Wyoming LLC under a TRUST so my personal information is 100% shield/protect.

Thanks,

regards, Duc

Most Popular Reply

User Stats

590
Posts
422
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Katie L.
  • Attorney and CPA
  • San Diego, CA
422
Votes |
590
Posts
Katie L.
  • Attorney and CPA
  • San Diego, CA
Replied

@Duc T Tran

Have you looked into the $800 minimum tax for all LLCs doing business in California?

*The information contained in this post is not to be relied upon.  Readers are advised to seek professional advice.  This post does not create an attorney-client or CPA-client relationship.

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