Although not paying tax a a good goal, there are times when strategically it makes sense. 

a rain tax a tax on air we breathe. a tax for this a tax for that all in the name of doing good for others lol .

3)if I register my Llc in Wyoming as a manager manage instead of member manage, can I put me  California tax as a  employee ?

I do not know about the property tax as the location is not disclosed, but the rest of the cost numbers identified seem accurate/reasonable and the property seems to generate a nice cash flow. 

I'm presently buying a 4 plex, and the seller is concerned about capital gains tax, as I would be too.

@Gordon D.The great thing about Florida is that it does not have an individual state income tax. As

Future eligible improvements and expenses for the maintenance and operation of these properties would be taken under the business tax as applicable.5.

You could set up a self-directed IRA for your wife and do the flip with the IRA, however there are number of implications you need to be aware of:- You personally can't do any work, all work must be outsourced to independent third parties- If you need to finance the purchase and rehab: loan must be non-recourse - Income from the flip might be subject to UBIT tax as it would be considered an active trade or business 

It's actually very rewarding to help people keep their money and pay less income tax. As

You will likely only be taxed on the income earned in other states and file non-resident returns, and TX has no state income tax as others have already mentioned.