Delaware LLC for long term rentals

[Justin R.]

I am going to create an entity and my 3 priorities are...

1. Asset Protection

2. Anonymity

3. Tax advantageous (would be a plus)

I live in CA, and invest in 6 regions outside of CA. I am no longer comfortable with my umbrella policy and would like to increase my protection from liabilities.

Has anyone in CA, created a Delaware (or any outside state) entity to pursue similar agendas as myself? 

The more research I do, the more complex it seems. I have talked with my CPA, and a few attorneys whom all gave very different advice. 

Thanks for your input!

Cheers!!

[Rachel Bier]

Talk to the attorney Scott Royal Smith based in Austin TX, he’s on BP