Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 08/02/2014
Forming your LLC
New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to a number of factors. I have multiple questions about forming my LLC:
1.) Create in state I live or state I'll be investing in (CO vs TX)?
and
2.) Since I am starting out small do I need to get a Real Estate Attorney to help form my LLC or is it as easy as going to the local county clerk or wherever and giving them the $25ish to form it? I know in CO you can actually do everything online through the secretary of state website. Also, can you restructure an LLC later as my business grows for better asset protection or just create more.