Updated almost 9 years ago on . Most recent reply
Creating an LLC for our business
I wanted to start an LLC but I'm getting mixed suggestions and seeing mixed reviews. Some people say I should use an attorney to create it because they'll be able to protect me and act as my registered agent. I am seeing mixed reviews for legalzoom.com and swyftfilings.com, Can I get some feedback on the best approach? Legal zoom has an A+ rating on the BBB but out of the 19 reviews only 2 are positive. Swyftfilings.com lost its accreditation earlier this year and isn't rated but of the 7 or so reviews only 2 are negative. Also when I google the 2 swyft has a better rating
Thanks Courtney
Most Popular Reply
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Florida Panhandle/Illinois
- 3,210
- Votes |
- 3,894
- Posts
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Florida Panhandle/Illinois
Are you creating an LLC because you will have rental properties? Fix n Flips should be done through S-Corps. See Mark Kohler on You Tube he is an attorney and CPA and will simplify the process. You can set it up yourself but more times than not you have not created it properly because you still need an operating agreement, EIN number etc. I hold my rental properties in an LLC. If not set properly you can lose your asset protection.
Good Luck.