LLC formation - Posted by Charley M

Posted by Jeff Sterner (DC Metro) on September 30, 2004 at 10:17:06:

There are many sites to assist with incorporation. I’ve researched many the best thing that I did was just to get the filing form from my state, pay the $100 filing fee, and voila, that’s it.

This sets up an LLCs with the state, with no attorney assistance. Attorney assistance isn’t all that necessary if you’re just one person running an REI business… set up a “single member LLC” this works just like a Sole Proprietorship, but without the personal liability issues.

Email me for a list of assistance sites if you’re interested. Otherwise, I highly recommend doing the Single Member LLC. Check with your state laws. I’m in VA, if coincidentally you’re here, too, I’ve got some great info.

  • Jeff

LLC formation - Posted by Charley M

Posted by Charley M on September 30, 2004 at 24:54:09:

Has anyone used any online sites to form their LLC? I have seen sites that offer to set things up for $49 and others that will set it up for anywhere from $129 to $349. Any suggestions would be appreciated.


Re: LLC formation - Posted by Mark (SDCA)

Posted by Mark (SDCA) on September 30, 2004 at 12:24:38:

I use Budget Corp. Very happy with them.

Re: LLC formation - Posted by Chad

Posted by Chad on September 30, 2004 at 03:59:30:

I have not dealt with online sites and they may be reliable but an LLC varies state by state. I would highly recommend paying the $200-$300 to a local attorney. You will need to have an attorney to review contracts and other things, so it just makes cents to find a good attorney now. He’ll also be able to advise you on which business entity is best for your business, you may not want to form an LLC. To find a good attorney go through your nearest real estate association.
Chad, IN