Advice on forming an LLC

[Dan Miller]

I am about to form my first LLC for the wholesaling business I am about to start. I live in Washington, DC, and I'm sure I will be doing business in both Maryland and Virginia as a result, and maybe DC too, but certainly don't know yet. I have a few questions:

1) Are there general tax implications of forming an LLC in one state (or DC) vs. another for a small business like this? Should it matter at this stage?

2) How easy/difficult is it to do business in MD or VA my LLC is formed in DC?

3) I am married. Should my wife be a part of my LLC or is it better just to have a single member LLC? Does it matter?

4) Would you suggest that I be my own registered agent? I've heard about privacy issues since it's in the public record, and as a result you should seek out a relative or friend.

5) What if I choose an available name in DC that is not available in MD (or VA) and I want to do business in one of those states later on?

I think forming an LLC should be very simple, but I guess it's a bit tricky in this area just b/c 3 states (incl. DC) are so close to each other. Any suggestions would be helpful.

Thanks,
Dan