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Tax, SDIRAs & Cost Segregation

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10
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Saleh Sedighi
Pro Member
  • Rental Property Investor
  • CA
6
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10
Posts

Legal and asset protection for California residents

Saleh Sedighi
Pro Member
  • Rental Property Investor
  • CA
Posted Jan 25 2021, 20:13

After reading couple of books and many articles i got the feeling that living in California and doing investment is not legally well protected

Long story short I’m looking for a good way to protect my future assets and pay minimum tax

E.g active (multi family rentals) or passive investments in other states

My options are

-Form a California llc and live with it

-Wyoming or Nevada llc, and registered for California biz

Please share your thoughts

And refer cost effective legal advisers in nor cal

Thanks

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