How can California real estate investors save money on franchise taxes each year?

If you're a California resident who owns real estate out of state, California has taken the position that it can tax each of those entities as if it's doing business in the state. In doing so, many Californians have been discouraged from creating entities due to the $800 fee for each LLC.

WATCH THIS VIDEO as I discuss what you can do to avoid the dreaded franchise tax for California residents.

Your questions or requests for video topics are always welcome!

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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#CaliforniaLLC #CaliFranchiseTax