Creating an LLC

[Matthew Rembish]

Does anyone know what a typical LLC will cost to form (in total)? I live in NJ but am willing to set it up anywhere as I believe that doesn't matter, right?

[Ibrahim Hughes]

This is what I posted earlier this year on the topic. You can read the thread here:

http://www.biggerpockets.com/forums/311/topics/185896-wholesaling-llc-to-end-buyer

"Cost to set up an LLC is $125 and is pretty straight forward and simple. After you set it up you also have to complete the NJ-Reg form which can also be done online."

https://www.state.nj.us/cgi-bin/treasury/revenue/dcr/filing/page1.cgi

You also should go to irs.gov for an EIN (employer identification #).

Disclaimer: This isn't legal advice. Consult an attorney on all of this.