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 5 years ago,
Series LLC - What are the costs?
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated with formation when I know that the actual LLC fees are only around $300 and operating agreements are fairly standard to create. I am not a lawyer and absolutely want to use a professional to help but I also want to find out what is a reasonable cost for a lawyer to set up? I also need a registered agent service as we will be out of state. If you have had any experience with this, I'll take any and all advice. Thanks