NV in particular has no state income tax, franchise tax or corporate tax, but I don't think at this juncture in your REI career DE or NV would truly serve the benefit you might think they'd offer you at this point.Shoot me a message and we can talk in more detail about what your options under Ohio law might be. 

On the other hand, keep in mind that there are costs associated with maintaining an LLC (such as the $800 annual franchise tax in California).2.

Berkshire Hathaway has tens of thousands of agents nationwide, and probably has a dozen discrete brokerage franchises in the Pittsburgh area alone.

I'm in Texas...TurboTax is walking me through filing TX Franchise Tax paperwork and its starting to get a bit confusing.Thoughts?

@Pierce Fonville There is always property management franchises.

The industry keeps hearing a lot of buzz about the biggest real estate player in town - Keller Williams - getting into sanctioning / sponsoring a property management faction of their real estate sales franchise. 

I can't afford the franchise tax fee to start an LLC here in Cali yet and idk how to get around it; so having said that, are there any skip tracing services that are premium like TLO and/or Lexisnexis that don't require a business registration?

any number of small franchises.. subway comes to mind I have a friend that started with one  and you cant make a living on one but now he has 3.. and they get paid off much quicker than real estate then at that point they will net 100k plus each a year.. so about a 30% return to start.. and something of real value.. but its a business you need to run it.I have a friend that has 7 take and bakes and those gin money as well..

Which would be the smart move for me a Franchise or Indie Firm?

There is a great strategy to not get caught up in the franchise taxes levied on California LLCs by segregating assets into trusts.