Entity Structure - California Specific

[Rafael Lopez]

I understand that being from California, one is obligated to pay the California Franchise Tax Board for every LLC owned whether it's in state or out.

If one owns multiple multi-family buildings out of state with each one having it's own LLCs, you have to pay California the franchise fee for each LLC. Is it possible to structure all of the aforementioned entities into one umbrella LLC such that the umbrella LLC is majority owner in any state and you (the physical person) is the minority owner in California? and would this consolidate all the LLC payments (from owning mulitple buildings) to one LLC payment (from the umbrella)?

Thanks,

Rafael Lopez