I recently learned that disregarded entities are required to file some paperwork in Texas such as Annual Franchise Tax Form (even if its zero).I was wondering if you can tell me what annual forms from TAX STANDPOINT will need to be filled out for these 3 states involving my structure?

I also know many California investors who own a few million in properties, no LLCs, one reason being CA charges a $800 franchise tax per LLC.

The franchise stuff you spoke about is pretty interesting.

>E&O Insurance>Escrow & Deposit Management>Bookkeeping Services>Branding (Franchise name)>Inhouse referrals from Agents>Office Space & Office ToolsI will Provide: The entire property management division.

If you qualify, it is a nice option.In the IRA format, you need to start with an IRA held by a non-traditional custodian, then have the IRA make a single investment into either an LLC or Trust to obtain checkbook control over the IRA.There are a few firms that specialize in establishing a checkbook IRA trust.If you are investing in non-liability risk assets like funds and syndications, there is a clear advantage to the trust as it is not considered a business and therefore not under the purview of the CA Franchise Tax Board.If you will be investing in rental property, the limited liability protections offered by a LLC may outweigh the cost and headache of California filings. 

@Karin CornilsThere are checkbook IRA options that use a trust instead of a LLC, which eliminates the CA franchise tax.  

Also each franchise tends to have their own conferences as well, but you would need an existing hotel.

This is because many cities, like Oakland, will use franchise fees to maintain the same or increased budget levels. 

My name is Cannen and I am 21 years old with a dream to eventually own a resort/hotel franchise to pass down to generations after me.

One group seems like was franchising Margaritaville branded parks.https://www.margaritavillereso...Also heard one from RREAF.Interesting ideas.What experience do you have?