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All Forum Posts by: Evan Howe

Evan Howe has started 2 posts and replied 3 times.

Post: California LLC question

Evan HowePosted
  • Posts 4
  • Votes 5

Thank you all for the insights here! I'm leaning toward OH LLC and plan to pay the FTB fee.

Post: California LLC question

Evan HowePosted
  • Posts 4
  • Votes 5

I live in CA and am about to purchase my first OOS investment property, targeting Cleveland OH. I am looking at an LLC vs SP, with the LLC registered in OH. I know CA has an $800/year fee for any LLC "doing business" in CA, but believe that if I do not have CA "payroll" of greater than $69k(approx), then this would not apply and therefore no fee. Am I interpreting this correctly?

CA details in question: 
https://www.ftb.ca.gov/file/business/doing-business-in-calif...

Hi all- I'm looking at St. Louis as a potential market to begin remote investing. Looking for recommendations on property managers & realtors as I begin piecing together a local team. Thanks in advance!