All Forum Posts by: Diane Dutt

And... even though I haven’t followed this advice myself because I am in maryland, I hear a Delaware is the most biz friendly state in this region. I think you can form anywhere... that though I am not sure about. 

Do not use legal zoom. It takes 20 minutes on SDAT.com to form an llc... and obtain an ein. (Fed i.d.) I e formed multiple companies without the use of legal help..... unless I was forming a partnership... then I would suggest it. I’m not a lawyer and not giving you legal advice, but I also don’t think it is necessary to pay a legal entity to form an llc when you can just as easily do it yourself directly. It’s just as easy to do so  directly if not more so, than doing it through a company and paying extra, unless it’s a Partnership...  My opinion... not legal advice... .... best of luck. What part of Maryland? 

A Quit Claim deed would work. The only caveat is that the mortgage lender likely has a clause that says they can call the note due in full upon transfer.