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Updated over 5 years ago, 09/23/2019
Totally lost on creating LLC
Hello,
I currently have 1 rental property (this may go up very soon) located in Ohio, I live in AZ. I have done a lot of reading about the benefits of an LLC. My main reasons for wanting one are the protection it provides and to keep my Debt to Income Ratio balanced, but i have no clue where to start. I've read that NV and DE are great places to create the LLC but i do not fully understand the benefits/draw back of doing this. I have decided i would rather speak with a real estate attorney than trying to guess on my own, but do i speak with an AZ attorney or OH, and does anyone have any recommendations?
Thanks