Setting Up Holding LLC

[Spencer Wilson]

Hello All,

I was recently getting ready to set up my REI LLC online through a registered agent based out of Delaware. It's a very simple process and costs about $150 to do. I just happened to be a bit busy around the time I was going to do it and had to put it on hold for a bit. Then before I went back to it I came across an article here on BP about using a holding and operating LLC. Can anyone help me with the pros/cons with this type of setup and how I should go about setting it up if I were to move forward with it?

Thanks so much in advance,

Spencer Wilson

p.s. I hope this is in the correct forum section. If not please move it for me. ;)