All Forum Posts by: Gina C.

 Yeah I reached out to him earlier today and left him a VM.

Hey, thanks Francesco!

Hey guys, I've been a member for a while now but haven't really been active. I've just gotten into the real estate investing business and I'm looking for a local RE lawyer. Anybody out there, or does anyone know any good lawyers or firms? The closer you/they are to Newark the better. Thanks! :)

Hi Curt,

Well the reason I wanted an LLC was because I've been told I was going to need one. I'm going to be getting into note investing soon (and then eventually into other parts of RE like buying and holding properties/landlording). So far everyone I've spoken to on the subject has told me to get an LLC for this purpose. Are you saying I don't need one? If so and if you don't mind, please explain why?

Hi Hattie,

To answer your question, I want am LLC because as stated above, I've been told I'm going to need one when it comes to notes investing and landlording. Eventually I will be doing business with other people/partnering on projects, but if you're saying I don't need an LLC, like Curt, can you please explain why?

Thanks to both of you guys for responding

@hattie,

for some reason I can't tag you in my post. As you can see above, I cannot "@" you either. Please see post here:

http://www.biggerpockets.com/forums/12/topics/207174-hey-at-hattie-i-have-a-question-about-llc-formation

Hey @Hattie, this was the question I was trying to ask earlier (copied and pasted from the question):

Ok, so hi, I'm new to these forums... :-)

I live in NY and I want to form an LLC in NJ. I will be moving to NJ in Oct/Nov anyway but mainly because, as we all know, NY has the ridiculous law that forces you to "publish an article in a newspaper" about your new business within 90 days of forming the LLC, which can cost hundreds of dollars.

My question is: If I filled out the NJ LLC document online, and used MY NEW YORK address as the LLCs primary address will I STILL have to form a foreign LLC in NY? I'm trying to avoid forming any LLCs, whether domestic or foriegn, in NY.

If necessary, I won't do any business AT ALL after I've formed the LLC if that will accomplish my goal. Also, what if I get a PO box at the USPS or UPS. Can I use THAT as my primary address for legal docs etc and on my LLC application? As you all may or may not know, USPS PO boxes now are formatted as street addresses (ie, not "P.O. Box 12345..." but "1234 Any St #12345, Any City, Any State, 12345 where you use the physical address of the USPS branch and the number is your PO box)

Just as a disclaimer: I DO have a registered agent. This question is about the "Primary Residence" of the LLC or the "Registered Address" as I think it's called.

Can someone please tell me if there is a way to accomplish my goal? I live in NY but I want to form an LLC in NJ but NOT have to form a foreign LLC in NY. And I know I could just "wait" but I tend to have issues with "taking action" so this is more of a personal thing for me and I really want to do it as soon as I can. Thanks for all of your help.

-Gina

Hey thanks to everyone for the tips, Hattie, I will use your suggestion. And sorry @Danny for hijacking your post! I'm off to start my own I swear!

Also, when it comes to operating agreements (it will be a single-member LLC but still) how much do they typically cost? Can I draft one myself? I see that there are websites that will create one for you (ie, Law Depot) for free after you fill in some specific info for your business (to make the Operating Agreement personalized). Which route should I take?

Hey Steve,

Thanks for your reply. I'm actually going to be getting into note investing and if needed I have no problem with only buying notes in NJ, at least until I move there in Oct/Nov.

Also, I do already have a registered agent with a NJ address, so I'm ok with that. I just wanted to know about using the USPS new street address PO boxes as my primary address for the LLC when I form. So far I'm seeing that other people do it, so I'm assuming it's ok, but I just wanted to be sure.

Hey guys,

I'm new to REI and this forum and I have questions about LLC formation as well. How do I get someone to look at/answer my question? I'm not understanding how this works...