Looking for RE attorney in the SouthEast TN area / Advise

[Wes Harrington]

Hi guys,

I am looking for an attorney in the southeast TN/Chattanooga area to aid in setting up an LLC specific to RE. My wife and I realized, that after talking with several friends from the local REIA we should consider setting up an LLC for asset protection. We would love to better understand what this looks like, tax implications (for good/bad), and what it ultimately means for us.

If anyone has experience with this, if you could chime in that would be great! We have been submitting offers like crazy and once accepted before the LLC is done, can the property be absorbed into that if acquired prior to starting the LLC? Any other thoughts surrounding the LLC about pitfalls, pros/cons would be great. Sorry to be so vague with my question to the community, but not quite sure what/how to ask it!

Thanks guys

Wes