How to set up an LLC

[Kyle Nigro]

Hello everyone,

I just purchased my first rental property. I am currently working on getting a EIN and opening a business checking account for the property. Once I do that, I would like to transfer the property to an LLC. This is in St.Louis and don't know what laws pertain to this. I am from NY and many investors I spoke to said it was odd that an attorney was not doing this for me. If anyone could assist that would be great! Thanks!

[Brian Hamel]

@Kyle Nigro

I set up a LLC in NH. It was easy. Went on the state website and did a search for names that were available and bought one for $100. It's like getting a fishing license from what I can see.