Where to hire a lawyer?

[Johnny Yeung]

Hi BP, 

I ran into a situation like: I have several properties in Orlando and I'm currently living in LA, California. My PM suggests me to put all my properties in either LLC or Land trust for better asset protection and I'm looking at a lawyer to help me do the transfer. In this case, do you suggest I use a RE lawyer in LA or in Orlando? What is the benefit of that?

Johnny

[Jenifer Levini]

Hi @Johnny Yeung,

I'm a RE lawyer in California. Honestly, if I was you I'd hire a lawyer in Florida, if that's where all your properties are located. Forming entities in CA is really expensive. The state charges $800/year/entity. If Florida allows Series LLCs then you can do it for much less state fees. 

Just make sure you dont do any of your business in CA, otherwise you would have to pay state taxes and for entities here too. 

Good luck,

Jen the lawyer