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Updated over 17 years ago on . Most recent reply

User Stats

137
Posts
3
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Justin Putt
  • Huntsville
3
Votes |
137
Posts

Forming LLC Online

Justin Putt
  • Huntsville
Posted

Anyone have a recommondation for a good place to form a LLC online? I have been looking at mynewcompany.com They seem to be reasonably priced.

Most Popular Reply

User Stats

137
Posts
3
Votes
Justin Putt
  • Huntsville
3
Votes |
137
Posts
Justin Putt
  • Huntsville
Replied

For one I want to be known as a company and not just an investor or wholesaler, but also for tax and income reasons use the LLC as a pass through. Another reason I want to start now is because it takes time to start establishing business credit and qualify for business loans.

Yes the LLC will give me some sort of protection as I am doing rehabs but plan on buying insurance as well in case something does go wrong that I am sued.

So at this point I think my reasons are to keep my business and personal separate, use the LLC as a pass through, liability protection, and also to be known as a company for professional reasons.

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