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 California Form 568 2018

California 568 2018-2025 Form

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Instructions and help about California Form 568

[Music] foreign my name is Dan Nguyen I'm a business attorney in Orange County California and today I'm going to talk about which state you should file for your LLC if you are a California real estate investor so a lot of these days a lot of a lot of California residents and investors are looking outside of California to invest into real estate because the dollar goes a much farther in other states and so as a lot of you may know California charges uh 800 franchise tax for each LLC and Corporation every year that operates in the state of California so whether you do business or not you still on the this hook for the 800 Franchise Tax now some people think that if you form the LLC in another state then you can avoid this Franchise Tax uh some people think if you invest in another state and form the LLC over there you can avoid this Franchise Tax which if you're a California resident that is not the case if you're a California resident managing a Calif a r

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