Setting up a LLC in Nevada

[Lynda Duke]

Can anyone suggest a good company to use to set up an LLC in Nevada, and any idea on the cost involved?

[Jon Holdman]

You can do it online on the Nevada Secretary of State web site. You don't need a company to do anything for you.

If you want to spend some money, spend it on a lawyer to property write your operating agreement.

But, you're in Washington. Unless you're going to own property in Nevada, there's not much point in creating an LLC there. If your properties are in Washington, you'll have to register the Nevada LLC as a foreign entity.

Asset protection is complex. Before embarking on a complex strategy, find your own lawyer who specializes in this area and get their advice.