Getting Started in the New Orleans area

[Damian Mandina]

Hello,

I am in the process of getting everything together to start my restate investing and rehabbing business around the New Orleans area. I could use some guidence around putting together my LLC. Is leagal zoom a good route to use to accomplish this? Also, being that I will own the business alone, do I need to get a federal or state tax ID? I thought that read that I would only need a city and state tax ID. I hope I am being clear in my questions.

Thanks

Damian

[H. Duplechain]

Hi @Damian Mandina and welcome to BP. I'm new here also. I can't give legal advice and don't know your situation so I can't advise you on the best business model but as for as doing the paperwork to form a business here in Louisiana, it's pretty easy. Visit the Secretary of State website and all the forms you need are there. The people in the office are very helpful at answering questions on how to complete the paperwork, but they won't give any advice that would be considered legal. 

I've always gotten Federal and State Tax IDs for my businesses even though I've always been the only owner. I think you should consult with an accountant and an attorney to help you decide on this and also which business type to form.

I'm always looking to network with other investors in my area so if you'd like to get together over coffee then feel free to drop me a line.

Hope