Since you're in a state-permitted area you have more of a gray area than I have, but MJ is still illegal at the federal level. 

That’s a great idea if you want both the state and the federal securities divisions coming after you.

Without discussing the merits of his post...S-corps and c-corps as creatures of federal tax law, and not entities. 

The reason I ask is because I heard that Austin has a hard time with affordable housing right now, so it is being pressured by federal HUD to get more, thus thinking they would be in high demand. 

If you formed an entity in CA, then yes and if you invested in CA but formed a entity in another state, then yes, you would still need to register that entity as a foreign entity in CA and pay the franchise tax.Now, if he was referring to income taxes, then correct, no matter what state you form the entity in and no matter what state the income is derived from, CA will still hit you with the high state income tax in addition to the federal tax.

Since you have lived in that house at least 2 of the last 5 years, you could make $250k profit and pay no federal income tax on it!

I'm pretty sure they're walking the line on discrimination (a federal crime). 

@Jermell ShaversIRA accounts have protections at the state and federal levels to a degree.

@D'Antoine HillsCheck out Pentagon federal credit union.

Last, I believe there is a federal law that REQUIRES the seller (depending on the age of the fill dirt or if the previous seller is still alive) to clear and clean all contaminated fill dirt and return the site to it's original condition.