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Updated over 3 years ago, 09/07/2021
Creating a Real Estate LLC through Legal Zoom
Hello -
As I want to do real estate investing seriously, My first Step is to create a Real Estate LLC for Tax benefits and legal protection.
I want to do this on Legal Zoom, in Florida (advice of my lawyer, he said don't pay for me to do it, you can do it with this website) , the package offers :
1. Economy LLC : Preparting the article of organization, validating the entity name of the LLC ($79)
2. Operating Agreement, EIN and Licences ($199) [Operating agreement alone is $99, OP Agreement + EIN is $159]
3. They offer Registered agent for $249 / year but I wanted to go with Corporate Direct registered agent ($125 / year)
4. in Option : Legal protect where they can review some documents for you and you can have 30min calls with attorneys , Tax pros (30mins / month) , access to their library of forms and legal documents ($40 / month)
5. In Option : Total compliance package ($280 / year) to submit minutes (company minutes to State compliance filings)
What do you guys think of this package, and which of the options is better for me to get started ?
I wanted to go with 1. 2 . 3 (Corporate direct) and the rest I will figure it out later if I need it or not
Any other Tips you recommend before forming the LLC ?
Thanks