I have an LLC in Arizona (a technology company). The business is physically located in AZ. However, I have an investor from California who is willing to invest some money ~4K for 50% stake in the company. The LLC is manager managed by me in Arizona and currently not making any money.
Will I be subjected to the dreaded $800 California franchise tax? Can I have passive investors from other states without having to register my LLC in those states as foreign entities ?