Forming my LLC Advice...Legal Zoom ???

[Jake Berwind]

So I am just starting out, obviously, and want to form my LLC before I get my first deal, just to be safe. I am trying to keep costs to a minimum, but I also don't want to do it so cheap that I do it on my own and screw it up. So with that being said, how easy and reliable is it to do through legal zoom? I have experience filing for other tax numbers for my business clients, but I have never done an LLC. Is legal zoom a good route to go, or should I be paying big money for a CPA/Attorney to do it?

[Ann Rosen]

I am a lawyer but cannot give legal advice. :-) But, what I would say is to check witH the Florida Secretary of State on requirements and you do not need to pay a CPA/Attorney to do it (although it should not be expensive to go through one for simple paperwork(. I know that it can be done on an expedited basis in Florida in 24 hours as I did one. So, you may not want to set it up at all unless you get a property under contract and think you will close. If you have a decent close period, you can set it up from time of exeucting the purchase contract to close. Just make sure if you contract in your name, you can assign the contract so you can close in the name of your newly formed LLC. Good luck!