Carol Lam
LLC for rental property
Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
Cory Evans
LLC Questions (California/Michigan)
Hello,
I currently live and work in San Francisco, I am looking at developing property in Michigan and wanted to create an LLC based in that state (I have 1 minority owner who will be doing the day to day work in Mi...
George Red
Asset attorney in state of residence or state of OOS properties? Make a Difference?
I have a primary residence in CA and 5 investment properties OOS and I have insurance (and an umbrella policy on properties under my name directly) on all property. I'm wanting to connect with an asset protection spec...
Mohamad Guene
LLC incorporated in WY
Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annu...
Carlos Quiros
LLC Set Up
Good afternoon all-I am setting up an LLC for an out of state property (ohio) and my accountant just informed me that I also have to set up an LLC in my home state of California to pay for state, federal and gross in...
Zeb Wallace
Pros and Cons - Registering LLC in-state vs. out of state
I have a property in CA that I want to put into an LLC.A lawyer advised me to register my LLC in Nevada and then complete the foreign entity process for the LLC to also be registered in California, where the property ...
Joseph Taylor
Starting an LLC in Wyoming, While Investing in California
Hello All.I’m going to start an LLC to buy an investment property in San Diego,CA. I need an LLC for access to funding (hard money or otherwise?) and I’ve been told starting an LLC in Wyoming is beneficial. As state...
Regan Moore
First purchase - do I do an LLC
Buying my first rental - a duplex in AR. Paying cash. Any advice on to LLC or not? I live in CA so if I should LLC do I do a CA LLC or Arkansas LLC. Thank you!!!
Thien Tran
Deciding where to Incorporate LLC
My partners and I live in California but are looking to purchase / have purchased properties out of state. Should we form an LLC in that respective state or will a CA LLC be enough? We're specifically looking at the ...
Amby Bhagtani
LLC in Multiple States or One LLC in one State
I own properties in multiple states, so far the strategy has been to keep all properties in one LLC in CA, however I would like to understand if I should be moving each property in its own LLC for that particular stat...