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Updated over 11 years ago on . Most recent reply

User Stats

207
Posts
26
Votes
Bill Mitchell
  • Mansfield, TX
26
Votes |
207
Posts

How fast can you setup an LLC?

Bill Mitchell
  • Mansfield, TX
Posted

I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.

Typically how long does it take to do this? Thanks

Most Popular Reply

User Stats

117
Posts
64
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Kristin Whitaker
  • Investor
  • Spokane, WA
64
Votes |
117
Posts
Kristin Whitaker
  • Investor
  • Spokane, WA
Replied

Sure that is the speedy way to go, but do you really think that's the most appropriate for someone who is not a practicing lawyer and/or CPA?

Always seek professional advice - every situation is different, best to sit down in front of your lawyer and accountant. Besides, as you get further along in investing you will need these professionals.

Give it more like two weeks to be realistic.

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