Investment Structures That Avoid California Tax Requirements[00:08] You’re from California. You know that your state loves to tax, especially when it comes to LLCs. You all have to pay $800 per year and franchise tax per LLC. This is true even if you live in California and it’s a Texas LLC that only owns Texas property, you could still be subject to the franchise taxes.[00:32] Okay.[00:33] One solution to this, maybe the Delaware Statutory Trust, the Delaware statutory trust is a trust structure and assets is not subject to the franchise taxes as the rules currently are defined by the franchise tax board. The Delaware Statutory Trust or DST is a entity that is formed in the state of Delaware and then it’s able to have a series structure just like a series LLC. With all of the advantage.[01:07] By listening to these videos, looking at the royal legal solutions blog and listening to the Rei nerds podcast, I can guarantee you that you’re going to know more than 99% of any of the real estate investors you’re ever going to encounter. This is going to make you the smartest guy in the room and who comes to see the smartest guy in the room. Everybody else that wants to do a deal. If you really want to create yourself to be a magnet, to attract other people, to be baking great deals with you got to have the best information and that’s what I want to give to you. Subscribe, come to our website, listen to what we have going on. I can get you there.