Forming an LLC in California for rental propert

[Robert P.]

My sister and I inherited a home in Los Angeles Ca. We've been fixing it up with the aim of putting it up for rent. I've contacted a few property management companies and think I've found one I'd be comfortable working with. I'm now interested in forming an LLC for this property with the aim of protecting our other assets.

I'd be interested in recommendations for an attorney that could help form the LLC. Since this involves another person (my sister), I don't think I want to try forming the LLC on my own via Nolo or leagal zoom. I want it done right and would be interested in advice that would keep the LLC functioning correctly and protecting our assets.

Thanks

[John McCombs]

My personal experience is that buying adequate insurance and having a contract between you and your sister will be cheaper and better protection in the long run. The cost of an LLC in CA is not worth the effort on a property unless tt is a multi-unit dive that is just aching for a lawsuit.