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Updated over 6 years ago,

Allen Lopez's profile image
Allen Lopez's profile image
Allen Lopez
  • Rental Property Investor
  • from Baton Rouge, LA
  • Member since Aug 8, 2018
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User Stats

149
Posts
13
Votes
Allen Lopez's profile image
Allen Lopez's profile image
Allen Lopez
  • Rental Property Investor
  • from Baton Rouge, LA
  • Member since Aug 8, 2018
Connect
Allen Lopez
  • Rental Property Investor
  • Baton Rouge, LA
13
Votes |
149
Posts
Tax, SDIRAs & Cost Segregation

What is the average cost of an LLC? Should I get one?

Allen Lopez
  • Rental Property Investor
  • Baton Rouge, LA
Posted
So I have 3 properties under my name. My primary residence and two investment homes. The two investment homes are worth around $350k and 250k. Is it recommended to get an LLC for two properties? What is the average cost in an LLC? I have a friend who paid $5000 to a law firm to create it for him and 2000/yr after that. That seems very high. Thoughts?
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