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Updated about 5 years ago on . Most recent reply presented by

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Maurice Ilao
  • from Oceanside, New York
  • Member since Jun 28, 2015
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Maurice Ilao
  • from Oceanside, New York
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Maurice Ilao
  • Oceanside, NY
12
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Tax, SDIRAs & Cost Segregation

Creating an LLC in Indiana

Maurice Ilao
  • Oceanside, NY
Posted

Just closed on a turnkey property in Indiana and need advice on creating an LLC. Anyone here have a good lawyer to help create one for out of state investors? Do I really need to have an LLC if I currently only have one property or should I wait till I accumulate more? How much does it typically cost to set it up?

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    Maurice Ilao
    • from Oceanside, New York
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    Maurice Ilao
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    Maurice Ilao
    • Oceanside, NY
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    Maurice Ilao
    • Oceanside, NY
    Replied

    @Larry Fried thanks. I was thinking the same thing. There was also a post I just read about the “due on sale clause” and how banks are acting on it. 

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