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? ...
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...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Elizabeth Park
California resident buying in Indiana
What is the best LLC to create for a property that I am going to buy in Indiana? I am a California resident, but my property will be in Indiana and I plan on renting it out as a buy and hold. Although my residency is ...
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...
Dean Nigro
Looking to enter the Florida market
Hello everyone, I along with a few other investors are looking to enter the Florida market. What are the best cities submarkets to target ?
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...
Pat Vu
Wyoming Corporation formation
Hi I live in California and file my corporation in Wyoming. I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
I've already closed on the house and currently have an LLC in CT but have not moved the property over to the LLC yet because I wasn't sure if it makes better tax sense to move it under an LLC where I live (CA) or an L...