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Updated over 6 years ago on . Most recent reply

User Stats

83
Posts
59
Votes
Ross Yeager
  • Rental Property Investor
  • Mountain View, CA
59
Votes |
83
Posts

navigating a new llc formation

Ross Yeager
  • Rental Property Investor
  • Mountain View, CA
Posted

I currently need to setup an LLC to be eligible for various private lending programs. That being the case, I had a few questions regarding an LLC formation for REI.

  • Where should I form the LLC? My property is in PA (I live in CA) and I plan on having several others there, so I was planning on forming the LLC there.
  • I was planning on using an online filing company to do this, but when signing up there are so many bells and whistles that they try to get you to purchase. What is the recommended minimum amount of items that I should be paying for through one of these online LLC formation companies?

Most Popular Reply

User Stats

3,790
Posts
4,454
Votes
Cody L.
  • Rental Property Investor
  • San Diego, Ca
4,454
Votes |
3,790
Posts
Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

I live in SD, invest in Houston. My LLCs are there. I do them myself via the Secretary of State page. Takes a few min. I only pay their fee vs their fee + the service of some site. 

Re extras. I’d get as few as possible as their base service isn’t needed much less any extras. the only exception might be registered agent service. 

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