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MJ DeMarco
I followed the science; all I found was money.
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So I was going to file an LLC in Nevada, and get rolling.
This won't exempt you from the LLC filing requirement in CA.
Just to give you an example how much CA sucks a$$, I've paid them nearly $3K in taxes and filing fees for the last 3 years.
Why?
My LLC (AN ARIZONA LLC) has a partnership interest in a California company which has a physical location in the state. Regardless what my K1's say ($200K loss or 200K gain) I'm required to file with all fees associated. And yup, this is regardless if I NEVER set foot in the state. My LLC is registered in AZ.
Unfortunately, if you live in CA, entrepreneurs and businesses are in their cross-hairs -- the state government simply doesn't give a f*ck who they tax away to pay their politicians, unions, and underfunded pensions. At some point, there won't be any businesses or innovation left to tax.
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