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Updated over 5 years ago on . Most recent reply

Scott Garrels's profile image
Scott Garrels's profile image
Scott Garrels
  • Rental Property Investor
  • from Cedar Rapids, IA
  • Member since Aug 13, 2019
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Scott Garrels's profile image
Scott Garrels's profile image
Scott Garrels
  • Rental Property Investor
  • from Cedar Rapids, IA
  • Member since Aug 13, 2019
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Scott Garrels
  • Rental Property Investor
  • Cedar Rapids, IA
7
Votes |
38
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Starting Out

Starting an LLC - who you gonna call?

Scott Garrels
  • Rental Property Investor
  • Cedar Rapids, IA
Posted

I have heard it is best to purchase properties through an LLC. Some quick searching suggests setting this up in Wyoming or Nevada is a good idea. Is this true and if so, who are good folks to call in order to get started?

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    Jerry W.'s profile image
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    Jerry W.
    • Investor
    • from Thermopolis, Wyoming
    • Member since Sep 26, 2012
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    Jerry W.
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    • from Thermopolis, Wyoming
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    Jerry W.
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    Jerry W.
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    ModeratorReplied

    @Scott Garrels if you just need to create the LLC and do not need the legal advice or operating agreements drawn up, there are literally hundreds of places who create them for you cheaply, and they serve as your registered agent as well. I mean cheap like $50 or $100, over the filing fees.

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