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

During Asia Great Depression in the 1990, currency depleted by 500%, military tanks on the street.Bank Owner is running with the physical money of the depositor flying somewhere to a village located in north of China or near North Korea maybe hahahaand apartment owner replaced customer money that's being 99% lost with 2 refrigerator hahahaha, Jason ... please....

I agree, I should have provided a little more detail on the why but sometimes blogs are just a little difficult to get the idea across.First reason:  I wanted to simplify our portfolio being that the current LLC has properties in two separate states requiring me to file as a foreign entity each year.  

When a foreign national sells a property in the US, the proceeds are taxed and withheld until appropriate paperwork is completed.

DSQR loans, no ratios, limited income, foreign nationals, bank statements, one year CPA letters, P&L statements, banks are finding ways to get the capital into markets.

.- REI for me is for passive income- Foreign LLC registration in CA is ok.

Why can't you accept foreign currency at closing?

The lease says tenant is entirely responsible for, "...damage from wastewater stoppages caused by foreign or improper objects in lines that exclusively service the property."

However, I do plan to do so in order to diversify across political climates and currencies.

If it is a foreign limited liability company, that a certified copy of its application for registration (LLC-5) be recorded in the public records;d.