Opening up LLC

[Tristan Romero]

Hi everyone! I am a newly licensed realtor in Sacramento CA and just bought my first investment property as a house hack. I want to open an LLC now so that in the future when I am ready to move any of my investment properties I've already established one. My question is it a better move to open an LLC with a big bank or smaller bank. I know that sometimes working with smaller banks such as a credit union may allow me to tap into larger lines of credit using my portfolio which is my ultimate goal to supercharge my investments. Thanks in advance to all who respond!

[Ranjit Sandhu]

@Tristan Romero 
Please keep in mind this as well.
You pay an $800 LLC tax annually, even if your LLC doesn't earn any money. You pay an annual LLC fee, which depends on your LLC's gross income. You pay California income tax on your net LLC income (rates range from 1% to 13.3%).