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Tax, SDIRAs & Cost Segregation

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Sameer Jain
  • Investor
  • Cupertino, CA
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83
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Forming a LLC for CA investors

Sameer Jain
  • Investor
  • Cupertino, CA
Posted Feb 16 2020, 10:32

Hi

I am a investor based out of CA looking to invest out of state . I am aware there you can form LLC in various landlord legal friendly states like Delaware, Nevada etc . Being a CA resident I have read in articles as you reside in CA even if you incorporate out of state you still have to pay $800 fee to state of California for an out of state LLC every year .

Which is better options for CA resident should you incorporate a LLC in CA only or go ahead and incorporate in state like Nevada to invest in out of state properties ? Please advise

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