Forming LLC's with First 2 Properties

[Wallace Zhen]

Hi BiggerPocket peeps,

I want to form LLC's for my first 2 properties as I'm looking to acquire my third. I have one in OKC, one in Atlanta and live in Jersey City.

Where should I find my attorney or CPA to form my LLC's?

Should cost of the different regions be taken into account?

What should I look for in an attorney or CPA to do the job?

Any referals will be appreciated as well.

Thanks,

Wallace

[Tim S.]

I've been down this road and am still confused. You'll get many different answers, ask 7 attorneys and get 7 answers. I live in CA, my LLC is formed in TX, and the properties are in MO & WA. I have no idea if this is the right way to go. I've read a lot about it, and still don't know.

Some states charge a high annual fee to register your LLC, TX is pretty cheap so mine is there, as well as the attorney I used.  Many people say the LLC should be formed in the state that the properties are in, IDK.  

Search BP, you'll find thousands of posts on this topic, nothing I've come across provides a clear answer.

Best of luck.