Also, if you are creating a non-CA LLC, then you will need to register each as a "foreign" LLC in California. 

There's a nominal fee for filing as a foreign entity doing business in SC (a couple hundred $$ I think).

One of the options we looked at was registering in one of the "business-friendly" states, like Nevada or Wyoming, and then registering as a foreign LLC in AZ.

One of the plans is to line up foreign investors.

Hi,I wonder if any CPA can help shed some light on this situation:If a green card holder with foreign assets want to buy a home in the US, what are the tax implications if he/she transfers money state side for a down payment on the house?

I'm looking to setup a parent/foreign Wyoming LLC.

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

Does anyone have experience buying Land /Real Estate from foreign owners (sellers) ?

You can create an LLC in another state, but you have to register it in your home state as a foreign entity before doing any business.

My role is multi-faceted but can be boiled down to 3 main areas: accounting, financial reporting (both financial statements (domestic and foreign) and debt offering memorandums), and financial analysis.