I think in 2022, this Federal Reserve acted more responsibly in the long-term interests of our country than any other central bank in the world, and made the hard, right choices, to preserve the dollar's status as the world's reserve currency for perhaps a few more decades at least.

Do I have to register in California as a foreign LLC if that's where I reside I will not conduct any business in California yet I will be getting paid so I don't really know the legality of it.

I haven't personally done it and am in no way affiliated with them, but if I were a foreign investor looking for the easiest way to access the U.S. market, that is one place I would start.

And we rent our place out to filming productions, and have used Airbnb (before our city banned it), rented to travel nurses, and foreign exchange students!

Hi BP,Was wondering what the set up and implications are regarding Foreign Investor buying RE within the US. 

AirBnb is good in near-to-center areas, I wouldn't suggest buying in the very center for the high prices in Prague 1.Financing is nowadays more tough, what is interesting is product from one of local banks which lends to new SPVs (can be owned by foreigner) with 3,99%, duration 25 years and 70% LTV.

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

If you are buying out of state, you can create an out of state LLC and register it as foreign in CA or you can create a CA LLC and register it as foreign in the state where the property is located. 

Thus most cost affective way for CA residents is actually set up LLC in CA and register LLC in another state (where your property is) as foreign entity. 

You need to consider US tax implications as a foreign investor and align yourself with a CPA / tax advisor who can assist with tax filings and ongoing tax planning.