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Updated over 1 year ago on . Most recent reply

William Kim's profile image
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William Kim
  • Member since Jan 8, 2019
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William Kim
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William Kim
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Legal & Legislation

Real Estate Attorney Consults? LLC Setup for CA Resident for Out of State Properties

William Kim
Posted

Hello good people!

I was curious if anyone had any great & affordable real estate attorney contacts to consult for LLC setup? One of the things that I'm running into, is trying to figure out how to setup entity structures to avoid the $800 CA franchise tax fee for every LLC you open (regardless if it's in-state or out-of-state). It would be great to avoid this as I wouldn't want this to keep adding up as we start acquiring more deals and creating new LLC's and paying that price each time! Any clarity on this would be great!

San Diego, California
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Nate Meeker's profile image
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Nate Meeker
  • from Real Estate CPA | California
  • Member since Sep 12, 2020
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Nate Meeker
  • from Real Estate CPA | California
  • Member since Sep 12, 2020
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Nate Meeker
  • Real Estate CPA | California
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Nate Meeker
  • Real Estate CPA | California
Replied

@William Kim - Talk to @Katie Balatbat, she knows her stuff. 

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