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All Forum Posts by: Ryan S.

Ryan S. has started 12 posts and replied 34 times.

Post: Why are LLC's so complicated can someone tell me what I need?

Ryan S.Posted
  • Rehabber
  • Orland Park, IL
  • Posts 34
  • Votes 2

Thanks, looks like I am going to do the online IL form for 500$ and get a an EIN number. Also dons anyone have a good "Operating Agreement" template, or know where I can get a free one?

Post: Why are LLC's so complicated can someone tell me what I need?

Ryan S.Posted
  • Rehabber
  • Orland Park, IL
  • Posts 34
  • Votes 2

I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this topic.

I have been reading threads on the best way to get an LLC but it is so confusing. Some people say to save your money and do it online, others say to use an agent, and still some people say get an attorney. Do you recommend one way over the other?

Post: IS IT TO LATE TO GET MY LLC

Ryan S.Posted
  • Rehabber
  • Orland Park, IL
  • Posts 34
  • Votes 2

Thanks, so what you are saying is that I can put it under my LLC if I choose to.

Do you have an LLC? I have been reading threads on the best way to get one but it is so confusing. Some people say to save your money and do it online, others say to use an agent, and still some people say get an attorney. Do you recommend one way over the other? Or maybe a point me in the direction of a company that does it.

Post: IS IT TO LATE TO GET MY LLC

Ryan S.Posted
  • Rehabber
  • Orland Park, IL
  • Posts 34
  • Votes 2

So I just bought my first flip proprietary in oak forest IL and am now wondering if I should have started an LLC first? Is it to late to start and sell it under my LLC name? Please let me know what you think