Where would it make the more sense to incorporate the holding LLC, Delaware, California or Texas?

But I am curious to see how others might be incorporating renovation/rehab costs in their financial model, especially if these changes are done over time, a period of a few years perhaps.

I already have a LLC that i used to flip properties that was incorporated in Delaware.Now I want to buy and hold some nice sized rental units for the cash flow like i said i live in California but I'll buy anywhere i can find the right size and prices.Once I get these properties and have proper management in place I will also be leaving the country quite often to go work on some other things in Asia.My question is how can i set this up to have all the income going into a new corp or whatever that allows me the least amount of taxes while I'm in America and over seas without getting double taxed in America then probably taxed over seas.I understand that the advice given will be needed to be verified by and attorney or something but I just need somewhere to get started and I'm sure someone in here can help me with that.Owen

I've picked two successful REI's brains for hours on end and have a lot of good advice on incorporation, insurance amount to carry, rent loss insurance, et al..

If the Heller decision is incorporated to the states, then landlords will be able to protect themselves (to some degree) in every state.As with everything else in the rental business, landlords need to get involved if things are going to change for the better (or at least stay the same)!

You need to read the associations Incorporation papers, the bylaws, the ccrs, and the rules and regulations.

I'll also incorporate all of the great ideas suggested by everyone on this post.

We just got an acceptance with WAMU and our property wasn't on the market for 90 days.One word of caution: Make sure you have your articles of Incorporation ready to submit to them if your company is the buyer.

I mean, do you incorporate a per time fee or a monthly type fee?

I have been very fortunate to have the support of them in almost everything I have done in the past, however they would rather see me graduate and become just like them, working in corporate America, and that is not what I want.Thank you so much