So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

@Andrew BoscoYes, the rule is that foreigners can't own land, which means that, in a condo building, foreigners can't own groundfloor condos.

He says everyone in all the surrounding towns uses this agent and he used the agent when he had purchased long ago (maybe 15 years prior).Fortunately my first foreign exchange student in now a lawyer for the German government and her husband is a German judge.  

I am curious if there is anyone with experience in owning real estate in another country being a US working citizen and have some tips on how taxes operate if I were to list that property on Airbnb in a foreign country and so on (any other tips you can offer towards this)...

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

If you only had the Series LLC, then you may end up paying the foreign filings fees involved in investing across state lines.

You can do what Real T does and only allow foreign investors:(

Have we forgotten the 2008 global financial crisis that wouldn't happen in foreign countries where properties are bought with cash and the risk of foreclosures is 0? 

You typically need to register the llc as a foreign entity in the state you want to do business in.