Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Using LegalZoom for LLC Creation, Affordable Tax Y/N ?
I'm using LegalZoom.com to create my LLC, going through the process now, they offer a service called "Affordable Tax Service" Free for 1 month, then its $320 for the year, so roughly $30/ month. It doesnt seem too much to pay for peace of mind when it comes to taxes. My LLC will mostly be used for Wholesaling, Assigning Contracts, Putting houses under contract, etc. I dont forsee any major purchases or taxable income. The only real attractive selling-point is where they say with this service you can "Potentially save substantially by minimizing tax from the very beginning, along with help in recovering set-up costs"
I'm not sure if anyone has any Horror-Stories, like "I wish I would have set my LLC up with the Affordable Tax Service, then I wouldn't have had to worry about....."
Is $26.67/ month worth it?
Any input?
Most Popular Reply

I would just work with a good CPA. Not sure what this service does but it doesn't seem to be that much cheaper if you are a beginning investor.
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.