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Updated about 5 years ago, 09/11/2019

User Stats

6
Posts
1
Votes
Alice Chan
  • Dallas, TX
1
Votes |
6
Posts

Should I create a LLC - CA Rental

Alice Chan
  • Dallas, TX
Posted

I just rented my place in the Bay Area, CA. but live in texas. I'm trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would need to create the LLC in California, correct? Any suggestions of attorneys /way to start? And cost implications for doing an LLC long term? And any benefits or drawbacks from being your own registered agent/ having someone you trust in Ca be your registered agent?

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