The BP tax strategy for REI book has a plethora of examples showing that creating entities all over the place doesn't necessarily save you a dime come tax-time, but can be great at generating fees for folks that provide entity creation services. 

 - RE-experienced/friendly lawyers do entity creation consistent with the state laws that govern their construction and governance

I agree with the other coments that the price is too expensive.Recently I came across Northwest Registered Agent and am planning to go through them for my next entity creation.

Prince George's is one of the best real estate markets in the country, both to wholesale and to "buy/hold" for wealth creation.

Long term Wealth Creation has always been with Real Estate in the USA, but, great Investors like Warren Buffett have looked to Value Investing to accomplish that.

The strategy requires the creation of a special trust and the distribution of the proceeds of the sale over time. 

It made me feel powerless because at the end of the day I am just another cog in the wheel who has no understanding of the world of finance and wealth creation around me.So I embarked on a journey to learn about economics and finance over the past year and I see a future for myself in real estate investment, particularly in refabs and development.

You're right Businesses are leaving California or setting up satellite offices in other cities, it doesn't speak to the job creation and growth here that displaces those outflows.

I like your idea of looking for tax free cash to buy a car, but your investment in more properties will far outdistance in wealth creation.

My fear is that if the transaction ever had any reason to be investigated, the creation and sale of the LLC solely to get around a legal limitation could be construed as fraud.