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Updated about 9 years ago on . Most recent reply presented by

Brian Barfoot's profile image
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Brian Barfoot
  • Realtor
  • from Minoa, NY
  • Member since Aug 30, 2015
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125
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Brian Barfoot's profile image
Brian Barfoot's profile image
Brian Barfoot
  • Realtor
  • from Minoa, NY
  • Member since Aug 30, 2015
Connect
Brian Barfoot
  • Realtor
  • Minoa, NY
56
Votes |
125
Posts
Tax, SDIRAs & Cost Segregation

How much do you pay to incorporate?

Brian Barfoot
  • Realtor
  • Minoa, NY
Posted
So I have a partnership that just turned into an LLC. We paid a lawyer about $1800 to do all of the paperwork and transfer one property's ownership. This felt high but my partner is associated with the firm and felt doing business with them would be beneficial. I want to form another LLC for the properties that I own outside of the partnership. Is there any strong reason to use a lawyer for this instead of just doing it through the state? (NY in my case.) If you use a lawyer, how much is reasonable to pay?
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