Do you want to avoid the California franchise tax? In this video, I'll reveal all the details about avoiding the California franchise tax. We'll cover everything from selfemployment to incorporating your business in another state.
If you're considering starting a business or investing in real estate in California, this video is for you! We'll outline all the steps you need to take to avoid the California franchise tax, so you can focus on running your business and saving more money!
Claim Your FREE 45minute Investment Strategy Session to receive business planning tips and asset protection. https://aba.link/3b7406
“If you just adopt the little strategy we’re going to be talking about that can completely change your entire asset protection as well as your tax planning when it comes to holding real estate to really drive those costs down.” 0:55
Going over the basics, a franchise is a business that is granted the use of a brand name, logo, and other intellectual property in exchange for paying fees or royalties. In many cases, franchisees are required to make ongoing royalty payments based on sales. There are many different types of franchises that span several industries.
Learn more about the California franchise tax, its effect on franchise owners in the state of California, and the means of avoiding it.
Clint Coons, Esq. with Anderson Business Advisors, has the knowledge and experience necessary to help our viewers gain a deeper insight into the world of business along with how to navigate its legalities. So it is our sincerest hope that those in the audience are able to take something from this content.
If you found the information useful, please consider subscribing to the channel and sharing the video with your friends. Good luck with your investing!
Show Notes:
0:00 Intro
0:19 Protecting your assets
3:05 More attorneys in California
6:00 How the statutory trust works
8:17 The strategy to avoid paying $800
10:18 Outro
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FREE REAL ESTATE INVESTMENT STRATEGY SESSION
Claim Your FREE 45minute Investment Strategy Session to receive business planning tips and asset protection. https://aba.link/3b7406
FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq. and Toby Mathis, Esq. at our next allday free Livestream 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/bp2
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FINANCIAL PLANNING & RESOURCES
Download your free copy of UnTax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/0738dd
For financial strategies, podcasts, articles and details on upcoming workshops visit https://aba.link/clintaba
Here’s a little about me and my book Asset Protection for Real Estate Investors
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CONTACT US
Phone: 800.706.4741
Email: [email protected]
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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.
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 attorneyclient 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.
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