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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Franchise tax for LLC Posted by John on February 24, 2010 at 9:14 PM In Reply to: Franchise tax for LLC posted by Joanna M on February 24, 2010 at 2:33 PM : I noticed many investors use LLC for rentals. Is it all right to incorporate in Nevada or other states to avoid the $800 minimum franchise tax for LLC and corporations. I wonder if CA is OK with rental incomes generated from CA properties under a NV company. : Your advice is highly appreciated. : Joanna it's not ok. You need to incorporate in CA to do business in CA Follow Ups: Re: Franchise tax for LLC Joanna M 9:53 PM, 02/24/10 (9) Re: Franchise tax for LLC Rick, the Probate Guy 8:44 AM, 02/25/10 (8) Re: Franchise tax for LLC Joanna M 4:57 PM, 02/26/10 (6) An easier way... Rick, the Probate Guy 12:28 AM, 02/28/10 (5) An easier way... Joanna M 7:43 PM, 02/28/10 (4) Re: An easier way... Buyer 8:53 PM, 02/28/10 (3) Re: An easier way... Joanna M 2:32 PM, 03/01/10 (2) Re: An easier way... dond 4:36 AM, 03/02/10 (1) Re: An easier way... Joanna M 12:41 AM, 03/03/10 (0) Double talk ‘til the cows come home! WTF? Pay Franchise tax for LLC and not be registared with the state as a business? 9:55 AM, 02/25/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : I noticed many investors use LLC for rentals. Is it all right to incorporate in Nevada or other states to avoid the $800 minimum franchise tax for LLC and corporations. I wonder if CA is OK with rental incomes generated from CA properties under a NV company. : : Your advice is highly appreciated. : : Joanna : it's not ok. You need to incorporate in CA to do business in CA [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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