The premiere in asset protection and anonymity for the California investor is the Delaware Statutory Trust.

Has anyone opened up a corporation in another state than they do business such as Delaware or Nevada where they have a lot less taxes?

@Wendell De Guzman Thank you for letting me know that I am not fantasizing and that it can be a reality.

Good Evening All,I am trying to find local real estate events in the Tri State area (PA, NJ, DE) and my ultimate goal is to find a mentor to help me along my real estate journey.Would anyone have good advice on finding a good mentor? 

Meanwhile post his name here so we can mention his name to Saint Vincent de Ferrer in our prayers. 

A way that this can be done is using a vehicle called a Delaware Statutory Trust.

Is anyone in the DMV area (I'm including Delaware in this as I make a lot of trips out to Newark, so I'll be interested in hearing about it as well) successfully doing furnished rentals in this area?

We are considering forming it in Delaware but I wanted to know if it’s better to form it in another state or to form it in Atlanta where our investment property will be?

I've been looking to buy an STR at the Delaware/Maryland beaches the past few months. 

Hey gang,Just looking for some feedback on a deal I'm looking at:8 Units w/ Listing price @ $500,000 however, here's what I'm calculating out to:7 Units occupied @ $595/month - 1 unit purposely left empty for showings (by current owner)Here's my purchase price calculation:As you can see, I'm offer $150k less than listed and have a minor negative cashflow upon purchasing.Here's the value add calculation:For the record, with $0 down, the monthly cash flow calculates out to $500As promised, I said I would mention @Ben Leybovich & @Bram Spiero.Credit for the calculator goes to @Wendell De GuzmanThanks for the feedback!