Many of us accountants have clients worldwide.

Before I closed on this storage property I did a ton of research on the SS sector and cost seg was one of the things I looked into.

The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide.

@Salvator LorickI don't think opening an LLC in Nevada or Wyoming will reduce the tax burden in the way you are looking.As a NY resident, you are required to report worldwide income which would include the income earned by the LLC registered in WY/NV that owns properties in NY.You may or may not have a state filing in NV/WY.

It's something that won't necessarily be for everyone and may not be a long-term solution, but there's definitely a niche especially as the tech sector continues to grow. 

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

Some markets change drastically, specially depending on the economy trade sector they are, but on most markets there is a pattern. 

The problem with professional like us is we're actually lazy as the world is already hunting us down so any serious real estate business makes me nervous LOL also i dont enjoy real estate that much because : (i) it is one of sector that's lacking innovation (ii) it's driven by gov. action on the financing (iii) it's long term process and kinda boring. 

And its a lot of work.I like the stock market, but valuations across most sectors are very frothy.Extra cash I have now is going to risk-free,  effort-free HYSA, money markets and tbills. 

It's happening in the private sector, but a NASA type investment as happened in computing would be awesome.As far as "Govt telling us what to do", well I've been in LA for 25 years.